The end is near: Policing the digital cartels

In the first criminal antitrust prosecution of its kind, Mr Topkins pleaded guilty in a San Francisco federal court in 2015 to rigging prices for classic cinema posters sold through Amazon’s online marketplace.Even if the crime seems unremarkable, his method was revolutionary: Mr Topkins admitted to manipulating the market by programming customised algorithms to keep prices artificially high. Once his rivals agreed to the plan, the algorithm automatically maintained what prosecutors called “collusive, non-competitive prices” on printed wall art.

Source: Policing the digital cartels