BOOKS: EZRACHI Ariel et STUCKE Maurice E., Harvard University Press, 2016, 368 p.

Virtual Competition. The Promise and Perils of the Algorithm-driven Economy, Ariel EZRACHI, Maurice E. STUCKE

This section selects books on themes related to competition laws and economics. This compilation does not attempt to be exhaustive but rather a survey of themes important in the area. The survey usually covers publication over the last three months after publication of the latest issue of Concurrences. Publishers, authors and editors are welcome to send books to stephane.rodrigues-domingues@univ-paris1.fr for review in this section.

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In the age of "all on-line shopping", Professors Ezrachi (Oxford) and Stucke (Tennessee) explore the three main dangers they see in using increasingly sophisticated algorithms to adjust prices and track consumer preferences: "computer colluding", "behavioral discrimination" and "frenemy relationship" between service platforms and application developers. A book that is sure to make us think twice before our next Internet purchase click.

[The opinions expressed in this review are personal and do not engage the author’s institution.]

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  • University of Paris I Panthéon-Sorbonne

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Stéphane Rodrigues, Virtual Competition. The Promise and Perils of the Algorithm-driven Economy, Ariel EZRACHI, Maurice E. STUCKE, February 2017, Concurrences N° 1-2017, Art. N° 83495, pp. 261

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