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YouTube, Amazon, insurers flagged as concern areas over anticompetitive algorithm use

By Victoria Ibitoye ( June 7, 2021, 16:13 GMT | Insight) -- Algorithms used by YouTube, Amazon and insurers have been flagged as worthy of investigation in responses to the UK antitrust regulator’s research into how the software tools can reduce competition and harm consumers. The Competition and Markets Authority has warned that the opacity of algorithmic systems presented a strong case for intervention and a formal investigation might be necessary.Algorithms used by YouTube, Amazon.com and insurers have been flagged as worthy of investigation in responses to the UK antitrust regulator’s research into how the software tools can reduce competition and harm consumers....

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