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Companies using pricing algorithms can't just 'set it and forget it,' US DOJ antitrust official says

By Mike Swift ( March 30, 2023, 16:41 GMT | Insight) -- The US Department of Justice is already using computer algorithms to detect and potentially prosecute illegal collusion by pricing algorithms, but its antitrust division is also studying how artificial intelligence and machine learning are evolving to detect any abuses new technology may enable, a senior DOJ official said today.The US Department of Justice is already using computer algorithms to detect and potentially prosecute illegal collusion by pricing algorithms, but its antitrust division is also studying how artificial intelligence and machine learning are evolving to detect any abuses new technology may enable, a senior DOJ official said today....

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