Abstract
Prof. Markovits provides a verbal definition of anticompetitive contrived oligopolistic conduct that is mathematical in its precision. I highlight two questions arising from that definition. The first question involves an ambiguity about how firms’ beliefs about each others’ potential reactions to their moves affect how firms evaluate the profitability of those moves. The second question regards whether and in what circumstance strategic ignorance—a firm’s decision to avoid relevant information in order to influence the behavior of its rival—should be considered anticompetitive. The increasing use of artificial intelligence pricing algorithms highlights the practical importance of both questions.
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