On May 2, 2005, The Boeing Company and the Lockheed Martin Corporation announced the incipient creation of a joint venture called United Launch Alliance (ULA).1 The joint venture was intended to provide more reliable launch services (the use of a rocket to place spacecraft into or beyond Earth orbit) to the US government, to “support…
Tag: antitrust
Antitrust implications of Big Data
Increasingly, big data is becoming an important tool for understanding customer behavior. The information provided by the data can be used to understand customer behavior, predict consumption patterns and market products. Now, because big data has become such a central tool for effectively operating a company, companies are coming under fire for withholding big data…
Pricing Algorithms: Are Real-Time Pricing Services Utilized by Online Retailers Anti-Competitive?
Online retailers are increasingly using pricing algorithms to set their online prices. The advanced algorithms are self-learning and automatically compare competitor prices and customer demand to determine prices.1 The service allows companies to set their own preferences, which customizes the algorithm to their needs.2 Because these algorithms are complex and expensive to produce, the service…