Оригинална статия Microeconomics

ALGORITHMIC PRICING AND CONCERTED BEHAVIOUR – COMPETITIVE CHALLENGES?

Aleksandar B. Todorov - University of Economics – Varna
Received: 17 Jun 2022
Revised:
Published:
Downloads: 0
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Issue 1/2022
JEL D43 D18 K21 L41
DOI https://doi.org/10.56497/etj2267105

Abstract

Abstract: The application of advanced pricing algorithms is becoming an increasingly common practice in the real economy. On the one hand, this is associated with improvements in the efficiency of firms, but on the other hand, it may pose a threat to market competition and thus have undesirable consequences for consumers. This article keeps track of the current interdisciplinary discussion on the possibility of pricing algorithms to achieve colluding behaviour. This possibility seems not only theoretically possible but also ever more practically feasible. At the same time, policy instruments are, at least for the moment, limited and pose new challenges to competition authorities.

How to cite this article

Todorov, A., B. (2022). Algoritmichno tsenoobrazuvane i saglasuvano povedenie – predizvikatelstva pred konkurentsiyata? [Algorithmic Pricing and Concerted Behaviour – Competitive Challenges?]. Economic Thought Journal, 67(1), pp. 90-107 (in Bulgarian). https://doi.org/10.56497/etj2267105 

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