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Strategies for Dealing with Algorithmic Collusion in the Era of E-commerce
- 1 University of New South Wales
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Abstract
In the rapidly evolving e-commerce landscape, algorithmic collusion has emerged as a sophisticated method for businesses to engage in anti-competitive behavior without explicit agreements. This paper delves into the complexities of algorithmic collusion, examining how modern information technologies facilitate these covert practices. This study underscores the profound impact on market competition and consumer rights by categorizing the different types of algorithmic collusion and analyzing their implementation mechanisms. Furthermore, it highlights the deficiencies in current antitrust frameworks and the urgent need for legal and regulatory reforms. The paper concludes with strategic recommendations to enhance market transparency and fairness, ensuring that technological advancements do not undermine competitive equity.
Keywords
Algorithmic Collusion, Anti-competitive Behavior, Antitrust Laws
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Cite this article
Wang,Y. (2024). Strategies for Dealing with Algorithmic Collusion in the Era of E-commerce. Lecture Notes in Education Psychology and Public Media,64,1-8.
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Volume title: Proceedings of the 2nd International Conference on Global Politics and Socio-Humanities
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