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Forget 'price gouging' - this is where competition is really failing
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Forget 'price gouging' - this is where competition is really failing
Rachel Reeves is scapegoating supermarkets for rising oil prices while ignoring algorithms that can learn ant-competitive pricing strategies, says Paul Ormerod The government is desperately trying to convince the public that it is doing something about the potential economic crisis which is unfolding. The public finances are a severe constraint on its ability to throw cash at the problem. The yield on the benchmark 10-year UK government bond has…
·London, United Kingdom
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