Not just that amzn algorithmically finds the optimal market clearing price.
They may be finding an optimal dumping price to reduce competition and then an optimal profit maximizing price to capture monopoly profits.
If true, this would be a clear violation of anti trust law, despite being algorithmically implemented at scale. Unclear if intentionality matters for the law - even if the algorithms learned this behavior implicitly as the solution to a legal objective, it could be illegal.
Not just that amzn algorithmically finds the optimal market clearing price.
They may be finding an optimal dumping price to reduce competition and then an optimal profit maximizing price to capture monopoly profits.
If true, this would be a clear violation of anti trust law, despite being algorithmically implemented at scale. Unclear if intentionality matters for the law - even if the algorithms learned this behavior implicitly as the solution to a legal objective, it could be illegal.