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The DOJ says criminal charges are now on the table for firms that use algorithms to coordinate prices. The question at the heart of the case is whether software can produce cartel-like outcomes without anyone picking up a phone.
Algorithmic PricingAntitrustCollusionRealPageCompetition
Jay Patel10 min read
Read ArticleA federal court ruled Google's search dominance is illegal. The remedies are an attempt to dismantle a monopoly built on data, defaults, and self-reinforcing scale. Whether they can work is an open question.
GoogleAntitrustMonopolyNetwork EffectsCompetition
Jay Patel9 min read
Read ArticlePrediction markets are booming, with Bernstein projecting $240 billion in volume this year. The case for why they work is compelling. The case for why they might not is just as important.
Prediction MarketsPolymarketEfficient Market HypothesisPrice DiscoveryCompetition
Jay Patel9 min read
Read ArticleMarkets5 Apr 2026
Jet fuel prices have doubled since February, but airlines face a microeconomic bind: raise fares too fast and passengers vanish, raise them too slowly and margins collapse.
AirlinesOil PricesPrice ElasticityIranMicroeconomics
Jay Patel7 min read
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