Konferenzbeitrag

Mind the gap: Platform ethics and competition issues

The algorithm driven conduct of platform operators ; as the expert handlers of big data ; is starting to challenge the way in which competition law needs to be enforced. Businesses ; especially platform operators ; acquire data and particularly pricing information from other businesses in real-time. This leads to specific potential problems with autonomous actors engaged in algorithmic tacit collusion. These problems are compounded when usual legal tests for collusive price fixing require both a meeting of the minds of the colluding firms and a commitment to the price fixing conduct. It is not clear that bots meet either of these tests. The paper finds that price fixing is unethical using multiple analytical lenses but that the illegality of algorithmic tacit collusion is less clear. By considering the issues associated with concerted practices from a legal and ethical perspective ; the paper charts some approaches that might be applied. It uses changes in competition law in Australia to highlight potential ways of dealing with algorithmic tacit collusion ; but also highlights the potential unintended consequences associated with such changes.

Language
Englisch

Bibliographic citation
Series: 14th Asia-Pacific Regional Conference of the International Telecommunications Society (ITS): "Mapping ICT into Transformation for the Next Information Society", Kyoto, Japan, 24th-27th June, 2017

Classification
Wirtschaft
Subject
Algorithmic tacit collusion
bots
business ethics
cartel conduct
concerted practices
price fixing

Event
Geistige Schöpfung
(who)
Nicholls, Rob
Event
Veröffentlichung
(who)
International Telecommunications Society (ITS)
(where)
Calgary
(when)
2017

Handle
Last update
10.03.2025, 11:44 AM CET

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Object type

  • Konferenzbeitrag

Associated

  • Nicholls, Rob
  • International Telecommunications Society (ITS)

Time of origin

  • 2017

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