The confluence of technological innovations in computation and communications has expanded the scope and increased the intensity of algorithmic applications in markets. Policymakers and regulators are increasingly concerned about abuse of dominance in concentrated markets driven by digital platforms with network effects as well as tacit collusion amongst sellers using algorithms to set prices and quantities. However, assessing and addressing anti-competitive business practices, especially those that are driven by computer algorithms, are difficult. The seminar will discuss challenges in competition policy in the age of algorithms, and what public policy responses are needed in Indonesia.
The Sadli Lecture in Economic Policy is convened annually by the Institute for Social and Economic Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI) and ANU Indonesia Project since 2007 in honour of the late Professor Mohammad Sadli, one of Indonesia’s most influential economists of his generation. The Lecture will be published in the Bulletin of Indonesian Economic Studies (BIES) Indonesia in Comparative Perspective series
16th Sadli Lecture Speaker: Cassey Lee, PhD (ISEAS-Yusof Ishak Institute, Singapore)
Keynote Speaker: Dr Chandra Setiawan, PhD (Indonesia Competition Commision/KPPU)
Discussants: Lili Yan Ing, PhD (Economic Research Institute for ASEAN and East Asia/ERIA) and Chaikal Nuryakin, PhD (LPEM FEB UI)
Moderator: Putu Geniki Lavinia Natih, PhD (LPEM FEB UI)