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Expert Analysis

What An Illegal Price-Fixing Bot Might Look Like

By David Evans, Kelley Drye & Warren LLP (April 19, 2017, 2:00 PM EDT) -- Generally, price-setting bots are not violating the Sherman Act.[1] In competitive markets, competitors set price at cost. If they can set price based on a competitor's price, the market is concentrated. In a concentrated market, one would expect oligopolistic or parallel pricing; it is not illegal. Using a bot to do that is just making the process more efficient....

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