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Code Cartels | Meher Sethi | TEDxYale

Why are prices soaring, inequality widening, and corporate profits hitting record highs—even as everyday Americans struggle? In this talk, Meher Sethi tells the story of a hidden force driving this crisis: by using secret third-party algorithms and anti-competitive data sharing software, conniving corporations have found new ways to collude and fix prices. From housing to hotels, poultry to potatoes, and health insurance to auto-tires—code cartels are infiltrating nearly every corner of our economy, at the expense of American consumers. An urgent question arises: can our 19th-century antitrust laws keep up with 21st-century challenges? Meher Sethi is a senior studying Ethics, Politics, and Economics from Naperville, IL. His research explores the intersection of emerging technology and competition, particularly algorithmic collusion. He has worked in Senator Durbin’s office on credit card competition, the Antitrust section of the Connecticut Attorney General’s Office, and the American Economic Liberties Project. He is an Economics Ambassador for the ABA Antitrust Law Section (Technology Committee) and a Research Assistant on AI competition policy for antitrust law scholar Dina Srinivasan. He frequently writes for Encode and my Substack, Marketplace of Ideas. He is also a musician, and he loves to play and watch basketball. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx

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