01/31/2025
In this article, Claire Wilson examines how algorithmic pricing, particularly in Canada’s rental market, mirrors the centralized planning of the Soviet economy. The article highlights gaps in Canada’s competition laws, arguing that they lack the strength to address the challenges posed by algorithm-driven price-setting. It calls for stronger regulatory measures to protect consumers and ensure fair competition, warning against the dangers of centralized pricing in essential markets like housing. Click the link below to read more!
By Claire Wilson Edited by Anissa Gandhi and David Fortier In the centralized economy of the Soviet Union all prices were set by “Gosplan”, the USSR’s central economic planning committee. These pri…