Warring Algorithms Could Be Driving Up Consumer Prices

[McFurd]

Harvard Business School - 3/9/2020 - Kristen Senz The widespread use of pricing algorithms is reshaping the nature of competition in online markets and potentially driving up the prices of retail goods, according to recent research. These automated, price-adjusting software programs may also be catching the eye of government regulators and antitrust authorities, who fear they could ultimately harm consumers by raising prices above typical competitive levels. Read more @ https://hbswk.hbs.edu/item/warring-algo ... mer-prices