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    Michael Ekstrand (mdekstrand@hci.social)'s status on Sunday, 03-Mar-2024 13:12:40 JSTMichael EkstrandMichael Ekstrand

    "your algorithm can’t do anything that would be illegal if done by a real person" — I appreciate the FTC explicitly articulating this principle. https://www.ftc.gov/business-guidance/blog/2024/03/price-fixing-algorithm-still-price-fixing

    In conversationabout a year ago from hci.socialpermalink

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    1. Domain not in remote thumbnail source whitelist: www.ftc.gov
      Price fixing by algorithm is still price fixing
      from @FTC
      Landlords and property managers can’t collude on rental pricing. Using new technology to do it doesn’t change that antitrust fundamental. Regardless of the industry you’re in, if your business uses an algorithm to determine prices, a brief filed by the FTC and the Department of Justice offers a helpful guideline for antitrust compliance: your algorithm can’t do anything that would be illegal if done by a real person.
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