Enforcers say more evidence needed on algorithms

Janith Aranze

07 June 2017

Enforcers say more evidence needed on algorithms

Etienne Pfister (left) and Matthew Bennett (right)

Etienne Pfister, chief economist at France’s Competition Authority, said more empirical evidence is needed to determine whether and how the use of online pricing algorithms could potentially violate competition law, and warned regulation and oversight of such pricing programs will be costly.