Senator Welch suggests changing antitrust laws needed for algorithmic behavior at Senate hearing
Vermont Senator Peter Welch and Brookings Institution Visiting Fellow Bill Baer discuss the need to adapt antitrust laws and legal standards to effectively address anti-competitive behavior facilitated by algorithms, acknowledging that private plaintiffs are taking action on behalf of affected parties like hotel customers and apartment renters, however, the challenge lies in addressing independent and knowing use of similar algorithms by competitors, which produces anti-competitive results without direct collusion, presenting a complex problem for enforcement at a Senate Judiciary Subcommittee on Competition Policy, Antitrust, and Consumer Rights hearing.





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Editorial Use only. May not be used as partisan political campaign material to promote or oppose the candidacy of any person for elective public office, and may not be used to distort the objects and purposes of the hearing or cast discredit or dishonor any member of the House or bring the House or any Member into disrepute. Contact your local office for all commercial or promotional uses.
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1864480595
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Date created:
December 13, 2023
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