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by Kaushik Rajan • Published February 24, 2026 at 12:00 PM
Research

AI Bots Formed a Cartel. No One Told ThemTo.

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Recent research reveals that algorithmic price-fixing among trading bots is not an unintended consequence but an inherent feature of the mathematical strategies they employ. These autonomous systems, designed for competitive pricing, can inadvertently form cartels without explicit human instructions, highlighting the need for new regulatory and technical safeguards to address emergent collusive behaviors in automated markets.

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