Previous article Next article

See version in english Policy and enforcement choices (Online markets and offline welfare effects: The Internet, competition, society and democracy - Oxford, 22 May 2017)

CONFÉRENCES : SOCIÉTÉ - DÉMOCRATIE - MARCHÉS EN LIGNE - EFFETS DE BIEN-ÊTRE HORS-LIGNE - ALGORITHMES

Policy and enforcement choices (Online markets and offline welfare effects : The Internet, competition, society and democracy - Oxford, 22 May 2017)

Les algorithmes ne sont pas seulement importants dans notre société moderne, mais ils ont également des impacts majeurs dans l’application du droit de la concurrence, en particulier en ce qui concerne les prix algorithmiques. Les algorithmes de tarification soulèvent trois problèmes du point de vue concurrentiel : Ils sont susceptibles d’augmenter l’efficacité de la collusion manifeste, de faciliter une interaction coordonnée en l’absence d’un « accord » traditionnel entre concurrents et de faciliter des stratégies de discrimination des prix qui conduisent à des prix plus élevés pour certains groupes de clients.

Algorithms and coordinated effects Terrell McSweeny [1] Commissioner, US Federal Trade Commission, Washington, DC 1. Good afternoon, everyone. I am happy to be here with you today at the University of Oxford. I would like to thank the Centre for Competition Law and Policy for organizing this event. I am going to talk today about the rise of algorithmic pricing and its implications for competition enforcement. 2. First of all, I think it is important to step back and recognize just how important algorithms are in modern society. Every email we send relies on algorithms to get where it needs to go. Every Internet search we run relies on algorithms to provide us with relevant results. Every app on a smartphone is a bundle of computer code, or in other words, an algorithm. Without

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

  • US Federal Trade Commission (FTC) (Washington)

Quotation

Terrell McSweeny, Policy and enforcement choices (Online markets and offline welfare effects: The Internet, competition, society and democracy - Oxford, 22 May 2017), September 2017, Concurrences Review N° 3-2017, Art. N° 84707, www.concurrences.com

Visites 434

All reviews