ALGORITHMS AND COLLUSION - OECD

ALGORITHMS AND COLLUSION Competition policy in the digital age ALGORITHMS and COLLUSION : Competition Policy in the Digital Age 2 ALGORITHMS and COLLUSION : Competition Policy in the Digital Age Please cite this publication as: OECD (2017), ALGORITHMS and COLLUSION : Competition Policy in the Digital Age This work is published under the responsibility of the Secretary-General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the official views of the OECD or of the governments of its member countries or those of the European Union. This document and any map included herein are without prejudice to the status or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city, or area. OECD 2017 3 ALGORITHMS and COLLUSION : Competition Policy in the Digital Age Foreword The combination of big data with technologically advanced tools, such as pricing ALGORITHMS , is increasingly diffused in everyone s life today, and this is changing the competitive landscape in which many companies operate and the way in which they make commercial and strategic decisions.

algorithms can make tacit collusion more likely, both in oligopolistic markets with high barriers to entry and a high degree of transparency, and in markets where traditionally tacit collusive outcomes would be difficult to achieve and sustain over time, widening the scope of the so-called “oligopoly problem”.

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