DOJ Sues RealPage for Algorithmic Pricing Scheme That Harms Renters

Re:DOJ Sues RealPage for Algorithmic Pricing Scheme That Har... by jonas21 on Monday August 26, 2024 @04:42PM (#41361881)

If instead the 2 gas stations were both selling at $4.45 and looked around and decided not to lower their prices to $4.15 even though they could, it's equivalent.

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Re:DOJ Sues RealPage for Algorithmic Pricing Scheme That Har... by lukev on Monday August 26, 2024 @04:46PM (#41361935)

Or one of them could lower to 4.35 and take all the business. Which is normally what would happen without collusion.

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Re:DOJ Sues RealPage for Algorithmic Pricing Scheme That Har... by BurningFrog on Monday August 26, 2024 @05:11PM (#41362236)

I don't have a source for this, so take it as you wish, but as I remember what I read, duopolies can be quite stable. Three party cartels can go either way.

But with 4 or more participants, someone will inevitably betray the others out of greed.

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Re:DOJ Sues RealPage for Algorithmic Pricing Scheme That Har... by lukev on Monday August 26, 2024 @08:23PM (#41363486)

Hence the other aspects of antitrust law. Albeit not enforced well of late.

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