When Competitors Use the Same Pricing Algorithm: Where Independent Parallelism Ends and Concerted Practice Begins

Introduction : Now, businesses such as retailers, hotels, landlords, and airlines use advanced revenue-management systems. These include tools that analyse market information to suggest recommendations or automatically set the prices. When the same system is used by several market players, a question arises: Should one think about these businesses as having coordinated their actions/action? The competition law allows firms to compare their prices with those of their competitors without...