Paws off our prices, you damned dirty robots: The Tipline for 23 May 2017

More than two years after the Department of Justice announced its first prosecution of a cartel where prices were set using software, algorithmic pricing is a hot topic at the Federal Trade Commission. In old economy news, the US Court of Appeals for the Third Circuit sounds ready to let pay-for-delay plaintiffs get to discovery without first providing a precise valuation of the reverse payment; and a former attorney advisor to Joshua Wright prefers a full rule-of-reason analysis to the alternative.