A PYMNTS Company

Robo-Seller Prosecutions And Antitrust’s Error-Cost Framework

BY | May 15, 2017

By Salil K. Mehra Speculation has grown that algorithmic prosecutions may become a new focus for antitrust agencies. The rise of the robo-seller promises a tremendous degree of cost savings,…

By Salil K. Mehra

Speculation has grown that algorithmic prosecutions may become a new focus for antitrust agencies. The rise of the robo-seller promises a tremendous degree of cost savings, as well as potentially robust allocative and dynamic efficiency gains. Overzealous prosecution may chill significant gains to both producers and consumers through better functioning markets. That said, moves towards openness concerning the use of algorithms have the potential to improve the accuracy for anti

...
THIS ARTICLE IS NOT AVAILABLE FOR IP ADDRESS 3.142.197.111

Please verify email or join us to access premium content!