Antitrust Trade and Practice columnists Shepard Goldfein and James Keyte write that pricing algorithms present a number of unique opportunities to businesses to improve their processes and efficiency.

When using algorithms, companies should be aware of any inherent biases the formula may have and monitor its results, attorneys said. A study released in November 2018 examined how algorithms are used ...

More than 20 years ago, executives at rival auction houses Sotheby’s and Christie’s were found guilty of coordinating a massive price-fixing scheme. Leaders from the companies held covert meetings in ...

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