• QuarterSwede@lemmy.world
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    1 year ago

    Airlines are basically using the psychology of selling to get the most revenue they can. They have a lot more historical data and are willing to experiment with how humans buy tickets to extract the most $. A lot more industries are using this tactic than you realize.

  • Teppic@kbin.social
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    1 year ago

    My read of this is mostly that airlines don’t engage in price fixing and collusion - or more specifically their algorithms are designed so they don’t (directly) create this outcome.

    • surewhynotlem@lemmy.world
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      1 year ago

      When there are industry standard approaches creating that algorithm, the collusion is absolutely there. It’s just one step removed from being obvious.