Robotic Collusions 2017 : from: ›Depczyk

the Internet destroyed privacy and brought us global fraud and crime, but, at least it keeps the prices down by easy browsing and comparing -- right?
well... no... actually, the opposite is true.
when a price decrease can be matched by competitors in milliseconds it becomes pointless. and, price-fixing robots easily evade the existing regulatory provisions. explains John O'Sullivan.
made: 2017-05-04
keywords: ›price ›collusion ›robot ›arm ›fix ›trust ›cheat ›cartel ›regulation ›law ›Internet ›web