You can cartelize with artificial intelligence, but it’s not worth it

There have already been cases in which companies that cartelized using “classical” means used algorithms to secure their otherwise illegal cartel agreements and make them more effective. Although this is an aggravating factor and results in a higher fine, the cartel was not created by the algorithm, but by direct consultation between the parties.

“Globally, in Europe and in Hungary, competition authorities are focusing on pricing algorithms and decision-making mechanisms driven by artificial intelligence. The intention of the legislators is clear: no cartels can be formed through algorithms in any way. We expect that related proceedings will also be expected in Hungary

It is also possible that the authority will treat applications that are harmful to competition or disadvantageous to consumers not as cartels, but as unfair commercial practices. In this case, it is easier to initiate a case, and the size of the fines will already be comparable to those imposed in cartel cases. compete.”

How can an app form a cartel?

“This does not mean that the use of software that collects price information is always illegal, but care must be taken to ensure that it actually complies with competition law rules. A company using such software cannot defend itself by saying that it was not aware of the operation of the application