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Using the Internet, some firms are now employing software that uses pricing algorithms to constantly adjust their online prices in response to what rivals are charging for similar products. This is making
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Using the Internet, some firms are now employing software that uses pricing algorithms to constantly adjust their online prices in response to what rivals are charging for similar products.

This is making it easier for the firms to _________.

User Nachiketkulk
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Answer: collude tacitly in their pricing schemes.

Step-by-step explanation:

Pricing Algorithm is done when requested prices for items that are for sales are automatically set in order to maximize the seller's profit. Firms are employing various softwares that uses pricing algorithm to adjust their online prices to respond to what their competitors charge for similar product.

This makes it easier for the firm "to collude tacitly in their pricing scheme".

User Baadshah
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