{"id":219010,"date":"2024-09-06T18:24:57","date_gmt":"2024-09-06T10:24:57","guid":{"rendered":"https:\/\/www.hkubs.hku.hk\/research\/thought-leadership\/the-dark-side-of-algorithm-from-big-data-driven-price-discrimination-to-tacit-collusion\/"},"modified":"2025-10-24T18:04:37","modified_gmt":"2025-10-24T10:04:37","slug":"the-dark-side-of-algorithm-from-big-data-driven-price-discrimination-to-tacit-collusion","status":"publish","type":"thought-leadership","link":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/ft-chinese-column\/the-dark-side-of-algorithm-from-big-data-driven-price-discrimination-to-tacit-collusion\/","title":{"rendered":"\u7b97\u6cd5\u5b6a\u751f\uff1a\u4ece\u5927\u6570\u636e\u6740\u719f\u5230\u9690\u6027\u5408\u8c0b"},"content":{"rendered":"<p>\u5b66\u8005\u7814\u7a76\u53d1\u73b0\uff0c\u5411\u4f01\u4e1a\u65bd\u52a0\u5b8c\u5168\u7684\u4ef7\u683c\u516c\u5e73\u53ef\u80fd\u9002\u5f97\u5176\u53cd\uff0c\u5f62\u6210\u9690\u6027\u5408\u8c0b\uff0c\u6700\u7ec8\u5c06\u8d1f\u9762\u5f71\u54cd\u8f6c\u5ac1\u7ed9\u6d88\u8d39\u8005\u3002<\/p>\n<p>\u5728\u5927\u6570\u636e\u7684\u6d6a\u6f6e\u4e0b\uff0c\u4f01\u4e1a\u642d\u5efa\u65e5\u76ca\u590d\u6742\u7684\u5148\u8fdb\u7b97\u6cd5\uff0c\u5c06\u6d88\u8d39\u8005\u5206\u7c7b\uff0c\u5236\u5b9a\u4e0d\u540c\u4ef7\u683c\uff0c\u76ee\u7684\u5728\u4e8e\u8bc6\u522b\u5e76\u9501\u5b9a\u5fe0\u5b9e\u5ba2\u6237\uff0c\u5411\u4ed6\u4eec\u6536\u53d6\u6b67\u89c6\u6027\u7684\u9ad8\u4ef7\u3002\u8fd9\u4e00\u505a\u6cd5\u5f15\u53d1\u4e86\u5404\u56fd\u76d1\u7ba1\u8005\u7684\u5173\u6ce8\uff0c\u4ee4\u4ed6\u4eec\u7eb7\u7eb7\u62df\u5b9a\u6216\u51fa\u53f0\u6cd5\u4ee4\uff0c\u8bd5\u56fe\u9650\u5236\u4f01\u4e1a\u7684\u6b67\u89c6\u6027\u5b9a\u4ef7\u884c\u4e3a\uff0c\u4ee5\u4fc3\u8fdb\u6d88\u8d39\u8005\u95f4\u7684\u4ef7\u683c\u516c\u5e73\u3002\u7136\u800c\uff0c\u8ffd\u6c42\u4ef7\u683c\u516c\u5e73\u7684\u540c\u65f6\uff0c\u4e00\u4e2a\u66f4\u4e3a\u9690\u853d\u7684\u98ce\u9669\u9010\u6e10\u6d6e\u73b0\uff1a\u4f01\u4e1a\u53ef\u80fd\u4f1a\u5229\u7528\u5b9a\u4ef7\u7b97\u6cd5\u8fbe\u6210\u9690\u6027\u5408\u8c0b\uff0c\u4ece\u800c\u5728\u7ade\u4e89\u5e02\u573a\u4e2d\u7ef4\u6301\u5784\u65ad\u4ef7\u683c<a href=\"#\u6ce8\">\u3010\u6ce8 1\u3011<\/a>\u3002\u5c3d\u7ba1\u8bb8\u591a\u76d1\u7ba1\u673a\u6784\u9ad8\u5ea6\u5173\u6ce8\u7b97\u6cd5\u6b67\u89c6\u548c\u7b97\u6cd5\u5408\u8c0b\uff0c\u4f46\u9c9c\u6709\u7814\u7a76\u5173\u6ce8\u4e8c\u8005\u4e4b\u95f4\u7684\u91cd\u8981\u5173\u8054\u3002\u4e3a\u6b64\uff0c\u7b14\u8005\u5c31\u8fd9\u4e00\u95ee\u9898\u8fdb\u884c\u6df1\u5165\u5256\u6790\uff0c\u5e76\u63d0\u51fa\u91cd\u8981\u7684\u653f\u7b56\u5efa\u8bae\uff0c\u4e3a\u5982\u4f55\u5e94\u5bf9\u7b97\u6cd5\u6b67\u89c6\u4e0e\u7b97\u6cd5\u5408\u8c0b\u63d0\u4f9b\u65b0\u7684\u601d\u8def\u3002<\/p>\n<h2>\u76d1\u7ba1\u7a98\u5883\uff1a\u6309\u4e0b\u846b\u82a6\u6d6e\u8d77\u74e2<\/h2>\n<p><span>2018<\/span>\u5e74\uff0c\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\uff08<span>Financial Conduct Authority<\/span>\uff09\u53d1\u5e03\u4e00\u5219\u62a5\u544a\uff0c\u6307\u82f1\u56fd\u91d1\u878d\u670d\u52a1\u884c\u4e1a\u666e\u904d\u548c\u5e7f\u6cdb\u5b58\u5728<span> \u201c<\/span>\u5fe0\u8bda\u5ea6\u60e9\u7f5a\u201d\uff0c\u5373\u5fe0\u8bda\u7528\u6237\u5728\u7eed\u7b7e\u670d\u52a1\u5408\u540c\u65f6\u672a\u80fd\u4eab\u53d7\u4f18\u60e0\u4ef7\u683c<a href=\"#\u6ce8\">\u3010\u6ce8 2\u3011<\/a>\u3002\u5373\u4fbf\u8fd9\u4e9b\u5fe0\u5b9e\u7528\u6237\u7684\u98ce\u9669\u6c34\u5e73\u5e76\u672a\u589e\u52a0\uff0c\u4fdd\u9669\u516c\u53f8\u4f9d\u65e7\u4f1a\u5411\u4ed6\u4eec\u6536\u53d6\u9ad8\u6602\u7684\u4fdd\u8d39\u3002\u8fd9\u79cd\u505a\u6cd5\u5f80\u5f80\u4ee4\u8fd9\u4e9b\u5fe0\u5b9e\u5ba2\u6237\u5904\u4e8e\u66f4\u4e0d\u5229\u7684\u4f4d\u7f6e<a href=\"#\u6ce8\">\u3010\u6ce8 3\u3011<\/a>\u3002<span>2021<\/span>\u5e74\uff0c\u4e2d\u56fd\u6d59\u6c5f\u7701\u4e00\u5bb6\u6cd5\u9662\u652f\u6301\u4e00\u4f4d\u643a\u7a0b\u7684\u4f1a\u5458\u7528\u6237\uff0c\u5bf9\u8be5\u65c5\u6e38\u5e73\u53f0\u6d89\u5acc\u4ef7\u683c\u6b67\u89c6\u7684\u63a7\u8bc9\uff0c\u56e0\u643a\u7a0b\u5411\u8be5\u4f4d\u201c\u94bb\u77f3\u4f1a\u5458\u201d\uff0c\u6536\u53d6\u6bd4\u9152\u5e97\u5b9e\u9645\u4ef7\u683c\u8d35\u4e00\u500d\u7684\u623f\u8d39\u3002\u7c7b\u4f3c\u7684\u5927\u6570\u636e\u201c\u6740\u719f\u201d\u505a\u6cd5\u4e5f\u53d7\u5230\u4f17\u591a\u4e2d\u56fd\u6d88\u8d39\u8005\u7684\u62a8\u51fb<a href=\"#\u6ce8\">\u3010\u6ce8 4\u3011<\/a>\u3002\u6709\u9274\u4e8e\u6b64\uff0c\u4e2d\u56fd\u6587\u65c5\u90e8\u4e8e<span>2020<\/span>\u5e74\u53d1\u5e03\u65b0\u89c4\u5b9a\uff0c\u7981\u6b62\u5728\u7ebf\u9884\u8ba2\u5e73\u53f0\u5bf9\u7528\u6237\u7684\u201c\u6740\u719f\u201d\u884c\u4e3a\uff1b\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\u4ea6\u4e8e<span>2022<\/span>\u5e74\u5b9e\u65bd\u65b0\u89c4\u5219\uff0c\u4e25\u7981\u4fdd\u9669\u884c\u4e1a\u4e3a\u5ba2\u6237\u7eed\u4fdd\u5bb6\u5ead\u6216\u6c7d\u8f66\u4fdd\u9669\u65f6\uff0c\u62a5\u51fa\u8f83\u65b0\u5ba2\u6237\u66f4\u9ad8\u7684\u4ef7\u683c\u3002<\/p>\n<p>\u4f46\u662f\uff0c\u7b14\u8005\u53d1\u73b0\uff0c\u5c3d\u7ba1\u4e8c\u8005\u653f\u7b56\u610f\u56fe\u548c\u89c4\u5236\u624b\u6bb5\u57fa\u672c\u4e00\u81f4\uff0c\u4f46\u5176\u7ecf\u6d4e\u5f71\u54cd\u53ef\u80fd\u5927\u76f8\u5f84\u5ead\u3002\u5bf9\u4e8e\u673a\u7968\u9152\u5e97\u9884\u8ba2\u884c\u4e1a\uff0c\u666e\u904d\u662f\u76f8\u540c\u7684\u9152\u5e97\u7c7b\u578b\u7531\u591a\u4e2a\u5e73\u53f0\u8fdb\u884c\u5206\u9500\uff0c\u56e0\u6b64\u5bf9\u4e8e\u4e0d\u540c\u65c5\u6e38\u5e73\u53f0\u63d0\u4f9b\u7684\u4ea7\u54c1\u5f80\u5f80\u540c\u8d28\u5316\u7a0b\u5ea6\u9ad8\uff0c\u7ade\u4e89\u4e5f\u76f8\u5bf9\u6fc0\u70c8\u3002\u9488\u5bf9\u8fd9\u4e9b\u540c\u8d28\u5316\u7a0b\u5ea6\u9ad8\u7684\u884c\u4e1a\uff0c\u7981\u6b62\u4ef7\u683c\u6b67\u89c6\u5f80\u5f80\u80fd\u4fc3\u8fdb\u6d88\u8d39\u8005\u5269\u4f59\uff0c\u751a\u81f3\u80fd\u8fdb\u4e00\u6b65\u904f\u6b62\u4f01\u4e1a\u6f5c\u5728\u7684\u4ef7\u683c\u5408\u8c0b\u3002\u7136\u800c\uff0c\u5bf9\u4e8e\u4fdd\u9669\u5e02\u573a\uff0c\u4e0d\u540c\u4f01\u4e1a\u5f80\u5f80\u4f1a\u8bbe\u5b9a\u6761\u6b3e\u3001\u6548\u529b\u3001\u65e5\u671f\u4e0d\u540c\u7684\u4ea7\u54c1\uff0c\u4ee5\u671f\u548c\u5bf9\u624b\u5b9e\u73b0\u5dee\u5f02\u5316\u7684\u7ade\u4e89\u3002\u5bf9\u4e8e\u8fd9\u4e9b\u5dee\u5f02\u5316\u7a0b\u5ea6\u9ad8\u7684\u5e02\u573a\uff0c\u65bd\u52a0\u5b8c\u5168\u7684\u4ef7\u683c\u516c\u5e73\u53ef\u80fd\u9002\u5f97\u5176\u53cd\uff1a\u4f01\u4e1a\u4eec\u80fd\u501f\u6b64\u96c6\u4f53\u62ac\u9ad8\u7b97\u6cd5\u8bbe\u5b9a\u7684\u4ef7\u683c\uff0c\u5f62\u6210\u9690\u6027\u5408\u8c0b\uff0c\u6700\u7ec8\u5c06\u8d1f\u9762\u5f71\u54cd\u8f6c\u5ac1\u7ed9\u6d88\u8d39\u8005\u3002\u4e8b\u5b9e\u4e0a\uff0c\u7ee7\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\u9881\u5e03\u7981\u4ee4\u540e\u4e0d\u4e45\uff0c\u82f1\u56fd\u7684\u5bb6\u5ead\u548c\u6c7d\u8f66\u4fdd\u9669\u4ef7\u683c\u51fa\u73b0\u4e86\u516b\u5e74\u591a\u6765\u6700\u5927\u7684\u73af\u6bd4\u6da8\u5e45<a href=\"#\u6ce8\">\u3010\u6ce8 5\u3011<\/a>\u3002\u8fd9\u79cd\u5dee\u5f02\u63d0\u9192\u76d1\u7ba1\u8005\uff0c\u6709\u65f6\u5019\uff0c\u5b8c\u7f8e\u7684\u4ef7\u683c\u516c\u5e73\u548c\u5b8c\u5168\u7684\u7ade\u4e89\u5e02\u573a\u662f\u76f8\u4e92\u77db\u76fe\u7684\u2014\u2014\u7981\u6b62\u4ef7\u683c\u6b67\u89c6\u7684\u884c\u4e3a\u53ef\u80fd\u4f1a\u6309\u4e0b\u846b\u82a6\u6d6e\u8d77\u74e2\uff0c\u963b\u788d\u4e86\u5e02\u573a\u7684\u826f\u6027\u7ade\u4e89\u3002\u7531\u6b64\u53ef\u89c1\uff0c\u76d1\u7ba1\u8005\u5728\u5e94\u5bf9\u7b97\u6cd5\u5b9a\u4ef7\u5e26\u6765\u7684\u8bf8\u822c\u793e\u4f1a\u8bae\u9898\u65f6\uff0c\u5fc5\u987b\u5ba1\u52bf\u800c\u884c\uff0c\u907f\u514d\u7275\u4e00\u53d1\u800c\u52a8\u5168\u8eab\u3002<\/p>\n<h2>\u76d1\u7ba1\u672a\u6765\uff1a\u53cc\u7ba1\u9f50\u4e0b\u6807\u672c\u517c\u6cbb<\/h2>\n<p>\u5f53\u4f01\u4e1a\u5b9a\u4ef7\u7b97\u6cd5\u8d8a\u6765\u8d8a\u7cbe\u7ec6\uff0c\u89c4\u5236\u5b9a\u4ef7\u7b97\u6cd5\u5e26\u6765\u7684\u6b67\u89c6\u548c\u9690\u6027\u5408\u8c0b\u95ee\u9898\u4e5f\u9700\u8981\u66f4\u7cbe\u51c6\u7684\u4e3e\u63aa\u3002\u7b14\u8005\u7684\u7814\u7a76\u63d0\u4f9b\u4e24\u79cd\u53ef\u884c\u7684\u89c4\u5236\u8def\u5f84\uff1a<\/p>\n<p>\u9996\u5148\uff0c\u9650\u5236\u7b97\u6cd5\u6b67\u89c6\u76f8\u6bd4\u7981\u6b62\u7b97\u6cd5\u6b67\u89c6\u66f4\u4e3a\u7a33\u59a5\u53ef\u884c\uff0c\u8fd9\u79cd\u505a\u6cd5\u53ef\u4ee5\u901a\u8fc7\u4fc3\u8fdb\u7ade\u4e89\u6765\u6291\u5236\u4f01\u4e1a\u53c2\u4e0e\u4ef7\u683c\u5408\u8c0b\u7684\u80fd\u529b\uff0c\u5e76\u4e14\u8f83\u653e\u4efb\u81ea\u6d41\u6216\u8005\u5b8c\u5168\u7981\u6b62\u8fd9\u4e24\u79cd\u975e\u6b64\u5373\u5f7c\u7684\u7b56\u7565\uff0c\u66f4\u80fd\u63d0\u9ad8\u793e\u4f1a\u798f\u5229\uff1b\u5176\u6b21\uff0c\u76f8\u6bd4\u8ffd\u6c42\u4e00\u4e2a\u7edd\u5bf9\u7684\u4ef7\u683c\u516c\u5e73\uff0c\u76d1\u7ba1\u8005\u53ef\u4ee5\u8003\u8651\u9881\u5e03\u968f\u673a\u5316\u7684\u4ef7\u683c\u89c4\u5236\uff0c\u5373\u4ee5\u4e00\u5b9a\u6982\u7387\u51b3\u5b9a\u65bd\u4e0d\u65bd\u52a0\u4ef7\u683c\u516c\u5e73\u3002\u8fd9\u79cd\u968f\u673a\u5316\u7684\u89c4\u5236\u53ef\u4ee5\u4fc3\u8fdb\u5b9e\u8df5\u4e00\u4e2a\u8f83\u9ad8\u7a0b\u5ea6\u7684\u4ef7\u683c\u516c\u5e73\uff0c\u540c\u65f6\u524a\u5f31\u4f01\u4e1a\u5408\u8c0b\u7684\u53ef\u80fd\u6027\u3002\u6b64\u5916\uff0c\u672c\u7814\u7a76\u8fd8\u5f3a\u8c03\uff0c\u76d1\u7ba1\u8005\u5e94\u5f53\u4f9d\u8d56\u66f4\u5148\u8fdb\u7684\u6280\u672f\u624b\u6bb5\uff0c\u52a0\u5f3a\u5bf9\u4f01\u4e1a\u5b9a\u4ef7\u7b97\u6cd5\u7684\u5ba1\u8ba1\uff0c\u63d0\u9ad8\u7b97\u6cd5\u900f\u660e\u5ea6\u3002\u53ea\u6709\u5bf9\u6ee5\u7528\u7b97\u6cd5\u8fdb\u884c\u6b67\u89c6\u6027\u548c\u63a0\u593a\u6027\u5b9a\u4ef7\u7684\u884c\u4e3a\u53cc\u7ba1\u9f50\u4e0b\uff0c\u517c\u987e\u516c\u5e73\u4e0e\u53cd\u5784\u65ad\uff0c\u624d\u80fd\u786e\u4fdd\u5168\u793e\u4f1a\u80fd\u5171\u4eab\u7531\u4f01\u4e1a\u53d1\u5c55\u4ea7\u54c1\u8fdb\u6b65\u6240\u5e26\u6765\u7684\u6280\u672f\u7ea2\u5229\u3002<\/p>\n<p>\u672c\u6587\u4f5c\u8005\u4e3a\u6e2f\u5927\u7ecf\u7ba1\u5b66\u9662\u521b\u65b0\u53ca\u8d44\u8baf\u7ba1\u7406\u5b66\u52a9\u7406\u6559\u6388\u96f7\u9a81\u3001\u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u52a9\u7406\u6559\u6388\u9ad8\u54c1\u53ca\u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u535a\u58eb\u751f\u6768\u5b97\u68ee\u3002\u6587\u7ae0\u57fa\u4e8e\u4e09\u4f4d\u6700\u8fd1\u5171\u540c\u64b0\u5199\u7684\u8bba\u6587\uff1a\u201cRegulating Discriminatory Pricing in the Presence of Tacit Collusion\u201d\u3002<\/p>\n<p><a id=\"\u6ce8\" name=\"\u6ce8\"><\/a>\u3010\u6ce8 1\u3011\uff1a<span><a href=\"https:\/\/www.justice.gov\/opa\/pr\/justice-department-and-federal-trade-commission-file-statement-interest-hotel-room\" target=\"_blank\" rel=\"noopener\">https:\/\/www.justice.gov\/opa\/pr\/justice-department-and-federal-trade-commission-file-statement-interest-hotel-room<\/a><br \/>\n<a id=\"\u6ce8\" name=\"\u6ce8\"><\/a>\u3010\u6ce8 2\u3011\uff1a<span><a href=\"https:\/\/www.fca.org.uk\/publication\/discussion\/dp18-09.pdf\" target=\"_blank\" rel=\"noopener\">https:\/\/www.fca.org.uk\/publication\/discussion\/dp18-09.pdf<\/a><br \/>\n<a id=\"\u6ce8\" name=\"\u6ce8\"><\/a>\u3010\u6ce8 3\u3011\uff1a<span><a href=\"https:\/\/www.bbc.com\/news\/business-57270415\" target=\"_blank\" rel=\"noopener\">https:\/\/www.bbc.com\/news\/business-57270415<\/a><br \/>\n<a id=\"\u6ce8\" name=\"\u6ce8\"><\/a>\u3010\u6ce8 4\u3011\uff1a<span><a href=\"https:\/\/technode.com\/2021\/07\/15\/regulators-target-price-discrimination\" target=\"_blank\" rel=\"noopener\">https:\/\/technode.com\/2021\/07\/15\/regulators-target-price-discrimination<\/a><br \/>\n<a id=\"\u6ce8\" name=\"\u6ce8\"><\/a>\u3010\u6ce8 5\u3011\uff1a<a href=\"https:\/\/www.raconteur.net\/finance\/fca-ban-price-walking-rebound-consumers\" target=\"_blank\" rel=\"noopener\"><span>https:\/\/www.raconteur.net\/finance\/fca-ban-price-walking-rebound-consumers<\/span><\/a><\/span><\/span><\/span><\/span><\/p>\n<p><strong>\u96f7\u9a81\u535a\u58eb<\/strong><br \/>\n<strong>\u6e2f\u5927\u7ecf\u7ba1\u5b66\u9662\u521b\u65b0\u53ca\u8d44\u8baf\u7ba1\u7406\u5b66\u52a9\u7406\u6559\u6388<\/strong><\/p>\n<p><strong>\u9ad8\u54c1\u535a\u58eb<\/strong><br \/>\n<strong>\u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u52a9\u7406\u6559\u6388<\/strong><\/p>\n<p><strong>\u6768\u5b97\u68ee\u5148\u751f<\/strong><br \/>\n<strong>\u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u535a\u58eb\u751f<\/strong><\/p>\n<p><span>\uff08\u672c\u6587\u540c\u65f6\u4e8e\u4e8c\u96f6\u4e8c\u56db\u5e74\u4e5d\u6708\u516d\u65e5\u8f7d\u4e8e\u300aFT\u4e2d\u6587\u7f51\u300b\u201c\u660e\u5fb7\u5546\u8bba\u201d\u4e13\u680f\uff09<\/span><\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"tags":[],"class_list":["post-219010","thought-leadership","type-thought-leadership","status-publish","hentry","leadership-topic-categories-ft-chinese-column-sc","leadership-topic-categories-opinions-and-speeches-sc","opinion-speeches-categories-faculty-sc"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"\u5b66\u8005\u7814\u7a76\u53d1\u73b0\uff0c\u5411\u4f01\u4e1a\u65bd\u52a0\u5b8c\u5168\u7684\u4ef7\u683c\u516c\u5e73\u53ef\u80fd\u9002\u5f97\u5176\u53cd\uff0c\u5f62\u6210\u9690\u6027\u5408\u8c0b\uff0c\u6700\u7ec8\u5c06\u8d1f\u9762\u5f71\u54cd\u8f6c\u5ac1\u7ed9\u6d88\u8d39\u8005\u3002 \u5728\u5927\u6570\u636e\u7684\u6d6a\u6f6e\u4e0b\uff0c\u4f01\u4e1a\u642d\u5efa\u65e5\u76ca\u590d\u6742\u7684\u5148\u8fdb\u7b97\u6cd5\uff0c\u5c06\u6d88\u8d39\u8005\u5206\u7c7b\uff0c\u5236\u5b9a\u4e0d\u540c\u4ef7\u683c\uff0c\u76ee\u7684\u5728\u4e8e\u8bc6\u522b\u5e76\u9501\u5b9a\u5fe0\u5b9e\u5ba2\u6237\uff0c\u5411\u4ed6\u4eec\u6536\u53d6\u6b67\u89c6\u6027\u7684\u9ad8\u4ef7\u3002\u8fd9\u4e00\u505a\u6cd5\u5f15\u53d1\u4e86\u5404\u56fd\u76d1\u7ba1\u8005\u7684\u5173\u6ce8\uff0c\u4ee4\u4ed6\u4eec\u7eb7\u7eb7\u62df\u5b9a\u6216\u51fa\u53f0\u6cd5\u4ee4\uff0c\u8bd5\u56fe\u9650\u5236\u4f01\u4e1a\u7684\u6b67\u89c6\u6027\u5b9a\u4ef7\u884c\u4e3a\uff0c\u4ee5\u4fc3\u8fdb\u6d88\u8d39\u8005\u95f4\u7684\u4ef7\u683c\u516c\u5e73\u3002\u7136\u800c\uff0c\u8ffd\u6c42\u4ef7\u683c\u516c\u5e73\u7684\u540c\u65f6\uff0c\u4e00\u4e2a\u66f4\u4e3a\u9690\u853d\u7684\u98ce\u9669\u9010\u6e10\u6d6e\u73b0\uff1a\u4f01\u4e1a\u53ef\u80fd\u4f1a\u5229\u7528\u5b9a\u4ef7\u7b97\u6cd5\u8fbe\u6210\u9690\u6027\u5408\u8c0b\uff0c\u4ece\u800c\u5728\u7ade\u4e89\u5e02\u573a\u4e2d\u7ef4\u6301\u5784\u65ad\u4ef7\u683c\u3010\u6ce8 1\u3011\u3002\u5c3d\u7ba1\u8bb8\u591a\u76d1\u7ba1\u673a\u6784\u9ad8\u5ea6\u5173\u6ce8\u7b97\u6cd5\u6b67\u89c6\u548c\u7b97\u6cd5\u5408\u8c0b\uff0c\u4f46\u9c9c\u6709\u7814\u7a76\u5173\u6ce8\u4e8c\u8005\u4e4b\u95f4\u7684\u91cd\u8981\u5173\u8054\u3002\u4e3a\u6b64\uff0c\u7b14\u8005\u5c31\u8fd9\u4e00\u95ee\u9898\u8fdb\u884c\u6df1\u5165\u5256\u6790\uff0c\u5e76\u63d0\u51fa\u91cd\u8981\u7684\u653f\u7b56\u5efa\u8bae\uff0c\u4e3a\u5982\u4f55\u5e94\u5bf9\u7b97\u6cd5\u6b67\u89c6\u4e0e\u7b97\u6cd5\u5408\u8c0b\u63d0\u4f9b\u65b0\u7684\u601d\u8def\u3002 \u76d1\u7ba1\u7a98\u5883\uff1a\u6309\u4e0b\u846b\u82a6\u6d6e\u8d77\u74e2 2018\u5e74\uff0c\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\uff08Financial Conduct Authority\uff09\u53d1\u5e03\u4e00\u5219\u62a5\u544a\uff0c\u6307\u82f1\u56fd\u91d1\u878d\u670d\u52a1\u884c\u4e1a\u666e\u904d\u548c\u5e7f\u6cdb\u5b58\u5728 \u201c\u5fe0\u8bda\u5ea6\u60e9\u7f5a\u201d\uff0c\u5373\u5fe0\u8bda\u7528\u6237\u5728\u7eed\u7b7e\u670d\u52a1\u5408\u540c\u65f6\u672a\u80fd\u4eab\u53d7\u4f18\u60e0\u4ef7\u683c\u3010\u6ce8 2\u3011\u3002\u5373\u4fbf\u8fd9\u4e9b\u5fe0\u5b9e\u7528\u6237\u7684\u98ce\u9669\u6c34\u5e73\u5e76\u672a\u589e\u52a0\uff0c\u4fdd\u9669\u516c\u53f8\u4f9d\u65e7\u4f1a\u5411\u4ed6\u4eec\u6536\u53d6\u9ad8\u6602\u7684\u4fdd\u8d39\u3002\u8fd9\u79cd\u505a\u6cd5\u5f80\u5f80\u4ee4\u8fd9\u4e9b\u5fe0\u5b9e\u5ba2\u6237\u5904\u4e8e\u66f4\u4e0d\u5229\u7684\u4f4d\u7f6e\u3010\u6ce8 3\u3011\u30022021\u5e74\uff0c\u4e2d\u56fd\u6d59\u6c5f\u7701\u4e00\u5bb6\u6cd5\u9662\u652f\u6301\u4e00\u4f4d\u643a\u7a0b\u7684\u4f1a\u5458\u7528\u6237\uff0c\u5bf9\u8be5\u65c5\u6e38\u5e73\u53f0\u6d89\u5acc\u4ef7\u683c\u6b67\u89c6\u7684\u63a7\u8bc9\uff0c\u56e0\u643a\u7a0b\u5411\u8be5\u4f4d\u201c\u94bb\u77f3\u4f1a\u5458\u201d\uff0c\u6536\u53d6\u6bd4\u9152\u5e97\u5b9e\u9645\u4ef7\u683c\u8d35\u4e00\u500d\u7684\u623f\u8d39\u3002\u7c7b\u4f3c\u7684\u5927\u6570\u636e\u201c\u6740\u719f\u201d\u505a\u6cd5\u4e5f\u53d7\u5230\u4f17\u591a\u4e2d\u56fd\u6d88\u8d39\u8005\u7684\u62a8\u51fb\u3010\u6ce8 4\u3011\u3002\u6709\u9274\u4e8e\u6b64\uff0c\u4e2d\u56fd\u6587\u65c5\u90e8\u4e8e2020\u5e74\u53d1\u5e03\u65b0\u89c4\u5b9a\uff0c\u7981\u6b62\u5728\u7ebf\u9884\u8ba2\u5e73\u53f0\u5bf9\u7528\u6237\u7684\u201c\u6740\u719f\u201d\u884c\u4e3a\uff1b\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\u4ea6\u4e8e2022\u5e74\u5b9e\u65bd\u65b0\u89c4\u5219\uff0c\u4e25\u7981\u4fdd\u9669\u884c\u4e1a\u4e3a\u5ba2\u6237\u7eed\u4fdd\u5bb6\u5ead\u6216\u6c7d\u8f66\u4fdd\u9669\u65f6\uff0c\u62a5\u51fa\u8f83\u65b0\u5ba2\u6237\u66f4\u9ad8\u7684\u4ef7\u683c\u3002 \u4f46\u662f\uff0c\u7b14\u8005\u53d1\u73b0\uff0c\u5c3d\u7ba1\u4e8c\u8005\u653f\u7b56\u610f\u56fe\u548c\u89c4\u5236\u624b\u6bb5\u57fa\u672c\u4e00\u81f4\uff0c\u4f46\u5176\u7ecf\u6d4e\u5f71\u54cd\u53ef\u80fd\u5927\u76f8\u5f84\u5ead\u3002\u5bf9\u4e8e\u673a\u7968\u9152\u5e97\u9884\u8ba2\u884c\u4e1a\uff0c\u666e\u904d\u662f\u76f8\u540c\u7684\u9152\u5e97\u7c7b\u578b\u7531\u591a\u4e2a\u5e73\u53f0\u8fdb\u884c\u5206\u9500\uff0c\u56e0\u6b64\u5bf9\u4e8e\u4e0d\u540c\u65c5\u6e38\u5e73\u53f0\u63d0\u4f9b\u7684\u4ea7\u54c1\u5f80\u5f80\u540c\u8d28\u5316\u7a0b\u5ea6\u9ad8\uff0c\u7ade\u4e89\u4e5f\u76f8\u5bf9\u6fc0\u70c8\u3002\u9488\u5bf9\u8fd9\u4e9b\u540c\u8d28\u5316\u7a0b\u5ea6\u9ad8\u7684\u884c\u4e1a\uff0c\u7981\u6b62\u4ef7\u683c\u6b67\u89c6\u5f80\u5f80\u80fd\u4fc3\u8fdb\u6d88\u8d39\u8005\u5269\u4f59\uff0c\u751a\u81f3\u80fd\u8fdb\u4e00\u6b65\u904f\u6b62\u4f01\u4e1a\u6f5c\u5728\u7684\u4ef7\u683c\u5408\u8c0b\u3002\u7136\u800c\uff0c\u5bf9\u4e8e\u4fdd\u9669\u5e02\u573a\uff0c\u4e0d\u540c\u4f01\u4e1a\u5f80\u5f80\u4f1a\u8bbe\u5b9a\u6761\u6b3e\u3001\u6548\u529b\u3001\u65e5\u671f\u4e0d\u540c\u7684\u4ea7\u54c1\uff0c\u4ee5\u671f\u548c\u5bf9\u624b\u5b9e\u73b0\u5dee\u5f02\u5316\u7684\u7ade\u4e89\u3002\u5bf9\u4e8e\u8fd9\u4e9b\u5dee\u5f02\u5316\u7a0b\u5ea6\u9ad8\u7684\u5e02\u573a\uff0c\u65bd\u52a0\u5b8c\u5168\u7684\u4ef7\u683c\u516c\u5e73\u53ef\u80fd\u9002\u5f97\u5176\u53cd\uff1a\u4f01\u4e1a\u4eec\u80fd\u501f\u6b64\u96c6\u4f53\u62ac\u9ad8\u7b97\u6cd5\u8bbe\u5b9a\u7684\u4ef7\u683c\uff0c\u5f62\u6210\u9690\u6027\u5408\u8c0b\uff0c\u6700\u7ec8\u5c06\u8d1f\u9762\u5f71\u54cd\u8f6c\u5ac1\u7ed9\u6d88\u8d39\u8005\u3002\u4e8b\u5b9e\u4e0a\uff0c\u7ee7\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\u9881\u5e03\u7981\u4ee4\u540e\u4e0d\u4e45\uff0c\u82f1\u56fd\u7684\u5bb6\u5ead\u548c\u6c7d\u8f66\u4fdd\u9669\u4ef7\u683c\u51fa\u73b0\u4e86\u516b\u5e74\u591a\u6765\u6700\u5927\u7684\u73af\u6bd4\u6da8\u5e45\u3010\u6ce8 5\u3011\u3002\u8fd9\u79cd\u5dee\u5f02\u63d0\u9192\u76d1\u7ba1\u8005\uff0c\u6709\u65f6\u5019\uff0c\u5b8c\u7f8e\u7684\u4ef7\u683c\u516c\u5e73\u548c\u5b8c\u5168\u7684\u7ade\u4e89\u5e02\u573a\u662f\u76f8\u4e92\u77db\u76fe\u7684\u2014\u2014\u7981\u6b62\u4ef7\u683c\u6b67\u89c6\u7684\u884c\u4e3a\u53ef\u80fd\u4f1a\u6309\u4e0b\u846b\u82a6\u6d6e\u8d77\u74e2\uff0c\u963b\u788d\u4e86\u5e02\u573a\u7684\u826f\u6027\u7ade\u4e89\u3002\u7531\u6b64\u53ef\u89c1\uff0c\u76d1\u7ba1\u8005\u5728\u5e94\u5bf9\u7b97\u6cd5\u5b9a\u4ef7\u5e26\u6765\u7684\u8bf8\u822c\u793e\u4f1a\u8bae\u9898\u65f6\uff0c\u5fc5\u987b\u5ba1\u52bf\u800c\u884c\uff0c\u907f\u514d\u7275\u4e00\u53d1\u800c\u52a8\u5168\u8eab\u3002 \u76d1\u7ba1\u672a\u6765\uff1a\u53cc\u7ba1\u9f50\u4e0b\u6807\u672c\u517c\u6cbb \u5f53\u4f01\u4e1a\u5b9a\u4ef7\u7b97\u6cd5\u8d8a\u6765\u8d8a\u7cbe\u7ec6\uff0c\u89c4\u5236\u5b9a\u4ef7\u7b97\u6cd5\u5e26\u6765\u7684\u6b67\u89c6\u548c\u9690\u6027\u5408\u8c0b\u95ee\u9898\u4e5f\u9700\u8981\u66f4\u7cbe\u51c6\u7684\u4e3e\u63aa\u3002\u7b14\u8005\u7684\u7814\u7a76\u63d0\u4f9b\u4e24\u79cd\u53ef\u884c\u7684\u89c4\u5236\u8def\u5f84\uff1a \u9996\u5148\uff0c\u9650\u5236\u7b97\u6cd5\u6b67\u89c6\u76f8\u6bd4\u7981\u6b62\u7b97\u6cd5\u6b67\u89c6\u66f4\u4e3a\u7a33\u59a5\u53ef\u884c\uff0c\u8fd9\u79cd\u505a\u6cd5\u53ef\u4ee5\u901a\u8fc7\u4fc3\u8fdb\u7ade\u4e89\u6765\u6291\u5236\u4f01\u4e1a\u53c2\u4e0e\u4ef7\u683c\u5408\u8c0b\u7684\u80fd\u529b\uff0c\u5e76\u4e14\u8f83\u653e\u4efb\u81ea\u6d41\u6216\u8005\u5b8c\u5168\u7981\u6b62\u8fd9\u4e24\u79cd\u975e\u6b64\u5373\u5f7c\u7684\u7b56\u7565\uff0c\u66f4\u80fd\u63d0\u9ad8\u793e\u4f1a\u798f\u5229\uff1b\u5176\u6b21\uff0c\u76f8\u6bd4\u8ffd\u6c42\u4e00\u4e2a\u7edd\u5bf9\u7684\u4ef7\u683c\u516c\u5e73\uff0c\u76d1\u7ba1\u8005\u53ef\u4ee5\u8003\u8651\u9881\u5e03\u968f\u673a\u5316\u7684\u4ef7\u683c\u89c4\u5236\uff0c\u5373\u4ee5\u4e00\u5b9a\u6982\u7387\u51b3\u5b9a\u65bd\u4e0d\u65bd\u52a0\u4ef7\u683c\u516c\u5e73\u3002\u8fd9\u79cd\u968f\u673a\u5316\u7684\u89c4\u5236\u53ef\u4ee5\u4fc3\u8fdb\u5b9e\u8df5\u4e00\u4e2a\u8f83\u9ad8\u7a0b\u5ea6\u7684\u4ef7\u683c\u516c\u5e73\uff0c\u540c\u65f6\u524a\u5f31\u4f01\u4e1a\u5408\u8c0b\u7684\u53ef\u80fd\u6027\u3002\u6b64\u5916\uff0c\u672c\u7814\u7a76\u8fd8\u5f3a\u8c03\uff0c\u76d1\u7ba1\u8005\u5e94\u5f53\u4f9d\u8d56\u66f4\u5148\u8fdb\u7684\u6280\u672f\u624b\u6bb5\uff0c\u52a0\u5f3a\u5bf9\u4f01\u4e1a\u5b9a\u4ef7\u7b97\u6cd5\u7684\u5ba1\u8ba1\uff0c\u63d0\u9ad8\u7b97\u6cd5\u900f\u660e\u5ea6\u3002\u53ea\u6709\u5bf9\u6ee5\u7528\u7b97\u6cd5\u8fdb\u884c\u6b67\u89c6\u6027\u548c\u63a0\u593a\u6027\u5b9a\u4ef7\u7684\u884c\u4e3a\u53cc\u7ba1\u9f50\u4e0b\uff0c\u517c\u987e\u516c\u5e73\u4e0e\u53cd\u5784\u65ad\uff0c\u624d\u80fd\u786e\u4fdd\u5168\u793e\u4f1a\u80fd\u5171\u4eab\u7531\u4f01\u4e1a\u53d1\u5c55\u4ea7\u54c1\u8fdb\u6b65\u6240\u5e26\u6765\u7684\u6280\u672f\u7ea2\u5229\u3002 \u672c\u6587\u4f5c\u8005\u4e3a\u6e2f\u5927\u7ecf\u7ba1\u5b66\u9662\u521b\u65b0\u53ca\u8d44\u8baf\u7ba1\u7406\u5b66\u52a9\u7406\u6559\u6388\u96f7\u9a81\u3001\u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u52a9\u7406\u6559\u6388\u9ad8\u54c1\u53ca\u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u535a\u58eb\u751f\u6768\u5b97\u68ee\u3002\u6587\u7ae0\u57fa\u4e8e\u4e09\u4f4d\u6700\u8fd1\u5171\u540c\u64b0\u5199\u7684\u8bba\u6587\uff1a\u201cRegulating Discriminatory Pricing in the Presence of Tacit Collusion\u201d\u3002 \u3010\u6ce8 1\u3011\uff1ahttps:\/\/www.justice.gov\/opa\/pr\/justice-department-and-federal-trade-commission-file-statement-interest-hotel-room \u3010\u6ce8 2\u3011\uff1ahttps:\/\/www.fca.org.uk\/publication\/discussion\/dp18-09.pdf \u3010\u6ce8 3\u3011\uff1ahttps:\/\/www.bbc.com\/news\/business-57270415 \u3010\u6ce8 4\u3011\uff1ahttps:\/\/technode.com\/2021\/07\/15\/regulators-target-price-discrimination \u3010\u6ce8 5\u3011\uff1ahttps:\/\/www.raconteur.net\/finance\/fca-ban-price-walking-rebound-consumers \u96f7\u9a81\u535a\u58eb \u6e2f\u5927\u7ecf\u7ba1\u5b66\u9662\u521b\u65b0\u53ca\u8d44\u8baf\u7ba1\u7406\u5b66\u52a9\u7406\u6559\u6388 \u9ad8\u54c1\u535a\u58eb \u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u52a9\u7406\u6559\u6388 \u6768\u5b97\u68ee\u5148\u751f \u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u535a\u58eb\u751f \uff08\u672c\u6587\u540c\u65f6\u4e8e\u4e8c\u96f6\u4e8c\u56db\u5e74\u4e5d\u6708\u516d\u65e5\u8f7d\u4e8e\u300aFT\u4e2d\u6587\u7f51\u300b\u201c\u660e\u5fb7\u5546\u8bba\u201d\u4e13\u680f\uff09\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"google-site-verification\" content=\"google-site-verification=MjdkluDgHpNk2vz5slbwER2Gusw2rUDQuVULMERWzLo\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/ft-chinese-column\/the-dark-side-of-algorithm-from-big-data-driven-price-discrimination-to-tacit-collusion\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.10\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"HKU Business School -\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"\u7b97\u6cd5\u5b6a\u751f\uff1a\u4ece\u5927\u6570\u636e\u6740\u719f\u5230\u9690\u6027\u5408\u8c0b - HKU Business School\" \/>\n\t\t<meta property=\"og:description\" content=\"\u5b66\u8005\u7814\u7a76\u53d1\u73b0\uff0c\u5411\u4f01\u4e1a\u65bd\u52a0\u5b8c\u5168\u7684\u4ef7\u683c\u516c\u5e73\u53ef\u80fd\u9002\u5f97\u5176\u53cd\uff0c\u5f62\u6210\u9690\u6027\u5408\u8c0b\uff0c\u6700\u7ec8\u5c06\u8d1f\u9762\u5f71\u54cd\u8f6c\u5ac1\u7ed9\u6d88\u8d39\u8005\u3002 \u5728\u5927\u6570\u636e\u7684\u6d6a\u6f6e\u4e0b\uff0c\u4f01\u4e1a\u642d\u5efa\u65e5\u76ca\u590d\u6742\u7684\u5148\u8fdb\u7b97\u6cd5\uff0c\u5c06\u6d88\u8d39\u8005\u5206\u7c7b\uff0c\u5236\u5b9a\u4e0d\u540c\u4ef7\u683c\uff0c\u76ee\u7684\u5728\u4e8e\u8bc6\u522b\u5e76\u9501\u5b9a\u5fe0\u5b9e\u5ba2\u6237\uff0c\u5411\u4ed6\u4eec\u6536\u53d6\u6b67\u89c6\u6027\u7684\u9ad8\u4ef7\u3002\u8fd9\u4e00\u505a\u6cd5\u5f15\u53d1\u4e86\u5404\u56fd\u76d1\u7ba1\u8005\u7684\u5173\u6ce8\uff0c\u4ee4\u4ed6\u4eec\u7eb7\u7eb7\u62df\u5b9a\u6216\u51fa\u53f0\u6cd5\u4ee4\uff0c\u8bd5\u56fe\u9650\u5236\u4f01\u4e1a\u7684\u6b67\u89c6\u6027\u5b9a\u4ef7\u884c\u4e3a\uff0c\u4ee5\u4fc3\u8fdb\u6d88\u8d39\u8005\u95f4\u7684\u4ef7\u683c\u516c\u5e73\u3002\u7136\u800c\uff0c\u8ffd\u6c42\u4ef7\u683c\u516c\u5e73\u7684\u540c\u65f6\uff0c\u4e00\u4e2a\u66f4\u4e3a\u9690\u853d\u7684\u98ce\u9669\u9010\u6e10\u6d6e\u73b0\uff1a\u4f01\u4e1a\u53ef\u80fd\u4f1a\u5229\u7528\u5b9a\u4ef7\u7b97\u6cd5\u8fbe\u6210\u9690\u6027\u5408\u8c0b\uff0c\u4ece\u800c\u5728\u7ade\u4e89\u5e02\u573a\u4e2d\u7ef4\u6301\u5784\u65ad\u4ef7\u683c\u3010\u6ce8 1\u3011\u3002\u5c3d\u7ba1\u8bb8\u591a\u76d1\u7ba1\u673a\u6784\u9ad8\u5ea6\u5173\u6ce8\u7b97\u6cd5\u6b67\u89c6\u548c\u7b97\u6cd5\u5408\u8c0b\uff0c\u4f46\u9c9c\u6709\u7814\u7a76\u5173\u6ce8\u4e8c\u8005\u4e4b\u95f4\u7684\u91cd\u8981\u5173\u8054\u3002\u4e3a\u6b64\uff0c\u7b14\u8005\u5c31\u8fd9\u4e00\u95ee\u9898\u8fdb\u884c\u6df1\u5165\u5256\u6790\uff0c\u5e76\u63d0\u51fa\u91cd\u8981\u7684\u653f\u7b56\u5efa\u8bae\uff0c\u4e3a\u5982\u4f55\u5e94\u5bf9\u7b97\u6cd5\u6b67\u89c6\u4e0e\u7b97\u6cd5\u5408\u8c0b\u63d0\u4f9b\u65b0\u7684\u601d\u8def\u3002 \u76d1\u7ba1\u7a98\u5883\uff1a\u6309\u4e0b\u846b\u82a6\u6d6e\u8d77\u74e2 2018\u5e74\uff0c\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\uff08Financial Conduct Authority\uff09\u53d1\u5e03\u4e00\u5219\u62a5\u544a\uff0c\u6307\u82f1\u56fd\u91d1\u878d\u670d\u52a1\u884c\u4e1a\u666e\u904d\u548c\u5e7f\u6cdb\u5b58\u5728 \u201c\u5fe0\u8bda\u5ea6\u60e9\u7f5a\u201d\uff0c\u5373\u5fe0\u8bda\u7528\u6237\u5728\u7eed\u7b7e\u670d\u52a1\u5408\u540c\u65f6\u672a\u80fd\u4eab\u53d7\u4f18\u60e0\u4ef7\u683c\u3010\u6ce8 2\u3011\u3002\u5373\u4fbf\u8fd9\u4e9b\u5fe0\u5b9e\u7528\u6237\u7684\u98ce\u9669\u6c34\u5e73\u5e76\u672a\u589e\u52a0\uff0c\u4fdd\u9669\u516c\u53f8\u4f9d\u65e7\u4f1a\u5411\u4ed6\u4eec\u6536\u53d6\u9ad8\u6602\u7684\u4fdd\u8d39\u3002\u8fd9\u79cd\u505a\u6cd5\u5f80\u5f80\u4ee4\u8fd9\u4e9b\u5fe0\u5b9e\u5ba2\u6237\u5904\u4e8e\u66f4\u4e0d\u5229\u7684\u4f4d\u7f6e\u3010\u6ce8 3\u3011\u30022021\u5e74\uff0c\u4e2d\u56fd\u6d59\u6c5f\u7701\u4e00\u5bb6\u6cd5\u9662\u652f\u6301\u4e00\u4f4d\u643a\u7a0b\u7684\u4f1a\u5458\u7528\u6237\uff0c\u5bf9\u8be5\u65c5\u6e38\u5e73\u53f0\u6d89\u5acc\u4ef7\u683c\u6b67\u89c6\u7684\u63a7\u8bc9\uff0c\u56e0\u643a\u7a0b\u5411\u8be5\u4f4d\u201c\u94bb\u77f3\u4f1a\u5458\u201d\uff0c\u6536\u53d6\u6bd4\u9152\u5e97\u5b9e\u9645\u4ef7\u683c\u8d35\u4e00\u500d\u7684\u623f\u8d39\u3002\u7c7b\u4f3c\u7684\u5927\u6570\u636e\u201c\u6740\u719f\u201d\u505a\u6cd5\u4e5f\u53d7\u5230\u4f17\u591a\u4e2d\u56fd\u6d88\u8d39\u8005\u7684\u62a8\u51fb\u3010\u6ce8 4\u3011\u3002\u6709\u9274\u4e8e\u6b64\uff0c\u4e2d\u56fd\u6587\u65c5\u90e8\u4e8e2020\u5e74\u53d1\u5e03\u65b0\u89c4\u5b9a\uff0c\u7981\u6b62\u5728\u7ebf\u9884\u8ba2\u5e73\u53f0\u5bf9\u7528\u6237\u7684\u201c\u6740\u719f\u201d\u884c\u4e3a\uff1b\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\u4ea6\u4e8e2022\u5e74\u5b9e\u65bd\u65b0\u89c4\u5219\uff0c\u4e25\u7981\u4fdd\u9669\u884c\u4e1a\u4e3a\u5ba2\u6237\u7eed\u4fdd\u5bb6\u5ead\u6216\u6c7d\u8f66\u4fdd\u9669\u65f6\uff0c\u62a5\u51fa\u8f83\u65b0\u5ba2\u6237\u66f4\u9ad8\u7684\u4ef7\u683c\u3002 \u4f46\u662f\uff0c\u7b14\u8005\u53d1\u73b0\uff0c\u5c3d\u7ba1\u4e8c\u8005\u653f\u7b56\u610f\u56fe\u548c\u89c4\u5236\u624b\u6bb5\u57fa\u672c\u4e00\u81f4\uff0c\u4f46\u5176\u7ecf\u6d4e\u5f71\u54cd\u53ef\u80fd\u5927\u76f8\u5f84\u5ead\u3002\u5bf9\u4e8e\u673a\u7968\u9152\u5e97\u9884\u8ba2\u884c\u4e1a\uff0c\u666e\u904d\u662f\u76f8\u540c\u7684\u9152\u5e97\u7c7b\u578b\u7531\u591a\u4e2a\u5e73\u53f0\u8fdb\u884c\u5206\u9500\uff0c\u56e0\u6b64\u5bf9\u4e8e\u4e0d\u540c\u65c5\u6e38\u5e73\u53f0\u63d0\u4f9b\u7684\u4ea7\u54c1\u5f80\u5f80\u540c\u8d28\u5316\u7a0b\u5ea6\u9ad8\uff0c\u7ade\u4e89\u4e5f\u76f8\u5bf9\u6fc0\u70c8\u3002\u9488\u5bf9\u8fd9\u4e9b\u540c\u8d28\u5316\u7a0b\u5ea6\u9ad8\u7684\u884c\u4e1a\uff0c\u7981\u6b62\u4ef7\u683c\u6b67\u89c6\u5f80\u5f80\u80fd\u4fc3\u8fdb\u6d88\u8d39\u8005\u5269\u4f59\uff0c\u751a\u81f3\u80fd\u8fdb\u4e00\u6b65\u904f\u6b62\u4f01\u4e1a\u6f5c\u5728\u7684\u4ef7\u683c\u5408\u8c0b\u3002\u7136\u800c\uff0c\u5bf9\u4e8e\u4fdd\u9669\u5e02\u573a\uff0c\u4e0d\u540c\u4f01\u4e1a\u5f80\u5f80\u4f1a\u8bbe\u5b9a\u6761\u6b3e\u3001\u6548\u529b\u3001\u65e5\u671f\u4e0d\u540c\u7684\u4ea7\u54c1\uff0c\u4ee5\u671f\u548c\u5bf9\u624b\u5b9e\u73b0\u5dee\u5f02\u5316\u7684\u7ade\u4e89\u3002\u5bf9\u4e8e\u8fd9\u4e9b\u5dee\u5f02\u5316\u7a0b\u5ea6\u9ad8\u7684\u5e02\u573a\uff0c\u65bd\u52a0\u5b8c\u5168\u7684\u4ef7\u683c\u516c\u5e73\u53ef\u80fd\u9002\u5f97\u5176\u53cd\uff1a\u4f01\u4e1a\u4eec\u80fd\u501f\u6b64\u96c6\u4f53\u62ac\u9ad8\u7b97\u6cd5\u8bbe\u5b9a\u7684\u4ef7\u683c\uff0c\u5f62\u6210\u9690\u6027\u5408\u8c0b\uff0c\u6700\u7ec8\u5c06\u8d1f\u9762\u5f71\u54cd\u8f6c\u5ac1\u7ed9\u6d88\u8d39\u8005\u3002\u4e8b\u5b9e\u4e0a\uff0c\u7ee7\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\u9881\u5e03\u7981\u4ee4\u540e\u4e0d\u4e45\uff0c\u82f1\u56fd\u7684\u5bb6\u5ead\u548c\u6c7d\u8f66\u4fdd\u9669\u4ef7\u683c\u51fa\u73b0\u4e86\u516b\u5e74\u591a\u6765\u6700\u5927\u7684\u73af\u6bd4\u6da8\u5e45\u3010\u6ce8 5\u3011\u3002\u8fd9\u79cd\u5dee\u5f02\u63d0\u9192\u76d1\u7ba1\u8005\uff0c\u6709\u65f6\u5019\uff0c\u5b8c\u7f8e\u7684\u4ef7\u683c\u516c\u5e73\u548c\u5b8c\u5168\u7684\u7ade\u4e89\u5e02\u573a\u662f\u76f8\u4e92\u77db\u76fe\u7684\u2014\u2014\u7981\u6b62\u4ef7\u683c\u6b67\u89c6\u7684\u884c\u4e3a\u53ef\u80fd\u4f1a\u6309\u4e0b\u846b\u82a6\u6d6e\u8d77\u74e2\uff0c\u963b\u788d\u4e86\u5e02\u573a\u7684\u826f\u6027\u7ade\u4e89\u3002\u7531\u6b64\u53ef\u89c1\uff0c\u76d1\u7ba1\u8005\u5728\u5e94\u5bf9\u7b97\u6cd5\u5b9a\u4ef7\u5e26\u6765\u7684\u8bf8\u822c\u793e\u4f1a\u8bae\u9898\u65f6\uff0c\u5fc5\u987b\u5ba1\u52bf\u800c\u884c\uff0c\u907f\u514d\u7275\u4e00\u53d1\u800c\u52a8\u5168\u8eab\u3002 \u76d1\u7ba1\u672a\u6765\uff1a\u53cc\u7ba1\u9f50\u4e0b\u6807\u672c\u517c\u6cbb \u5f53\u4f01\u4e1a\u5b9a\u4ef7\u7b97\u6cd5\u8d8a\u6765\u8d8a\u7cbe\u7ec6\uff0c\u89c4\u5236\u5b9a\u4ef7\u7b97\u6cd5\u5e26\u6765\u7684\u6b67\u89c6\u548c\u9690\u6027\u5408\u8c0b\u95ee\u9898\u4e5f\u9700\u8981\u66f4\u7cbe\u51c6\u7684\u4e3e\u63aa\u3002\u7b14\u8005\u7684\u7814\u7a76\u63d0\u4f9b\u4e24\u79cd\u53ef\u884c\u7684\u89c4\u5236\u8def\u5f84\uff1a \u9996\u5148\uff0c\u9650\u5236\u7b97\u6cd5\u6b67\u89c6\u76f8\u6bd4\u7981\u6b62\u7b97\u6cd5\u6b67\u89c6\u66f4\u4e3a\u7a33\u59a5\u53ef\u884c\uff0c\u8fd9\u79cd\u505a\u6cd5\u53ef\u4ee5\u901a\u8fc7\u4fc3\u8fdb\u7ade\u4e89\u6765\u6291\u5236\u4f01\u4e1a\u53c2\u4e0e\u4ef7\u683c\u5408\u8c0b\u7684\u80fd\u529b\uff0c\u5e76\u4e14\u8f83\u653e\u4efb\u81ea\u6d41\u6216\u8005\u5b8c\u5168\u7981\u6b62\u8fd9\u4e24\u79cd\u975e\u6b64\u5373\u5f7c\u7684\u7b56\u7565\uff0c\u66f4\u80fd\u63d0\u9ad8\u793e\u4f1a\u798f\u5229\uff1b\u5176\u6b21\uff0c\u76f8\u6bd4\u8ffd\u6c42\u4e00\u4e2a\u7edd\u5bf9\u7684\u4ef7\u683c\u516c\u5e73\uff0c\u76d1\u7ba1\u8005\u53ef\u4ee5\u8003\u8651\u9881\u5e03\u968f\u673a\u5316\u7684\u4ef7\u683c\u89c4\u5236\uff0c\u5373\u4ee5\u4e00\u5b9a\u6982\u7387\u51b3\u5b9a\u65bd\u4e0d\u65bd\u52a0\u4ef7\u683c\u516c\u5e73\u3002\u8fd9\u79cd\u968f\u673a\u5316\u7684\u89c4\u5236\u53ef\u4ee5\u4fc3\u8fdb\u5b9e\u8df5\u4e00\u4e2a\u8f83\u9ad8\u7a0b\u5ea6\u7684\u4ef7\u683c\u516c\u5e73\uff0c\u540c\u65f6\u524a\u5f31\u4f01\u4e1a\u5408\u8c0b\u7684\u53ef\u80fd\u6027\u3002\u6b64\u5916\uff0c\u672c\u7814\u7a76\u8fd8\u5f3a\u8c03\uff0c\u76d1\u7ba1\u8005\u5e94\u5f53\u4f9d\u8d56\u66f4\u5148\u8fdb\u7684\u6280\u672f\u624b\u6bb5\uff0c\u52a0\u5f3a\u5bf9\u4f01\u4e1a\u5b9a\u4ef7\u7b97\u6cd5\u7684\u5ba1\u8ba1\uff0c\u63d0\u9ad8\u7b97\u6cd5\u900f\u660e\u5ea6\u3002\u53ea\u6709\u5bf9\u6ee5\u7528\u7b97\u6cd5\u8fdb\u884c\u6b67\u89c6\u6027\u548c\u63a0\u593a\u6027\u5b9a\u4ef7\u7684\u884c\u4e3a\u53cc\u7ba1\u9f50\u4e0b\uff0c\u517c\u987e\u516c\u5e73\u4e0e\u53cd\u5784\u65ad\uff0c\u624d\u80fd\u786e\u4fdd\u5168\u793e\u4f1a\u80fd\u5171\u4eab\u7531\u4f01\u4e1a\u53d1\u5c55\u4ea7\u54c1\u8fdb\u6b65\u6240\u5e26\u6765\u7684\u6280\u672f\u7ea2\u5229\u3002 \u672c\u6587\u4f5c\u8005\u4e3a\u6e2f\u5927\u7ecf\u7ba1\u5b66\u9662\u521b\u65b0\u53ca\u8d44\u8baf\u7ba1\u7406\u5b66\u52a9\u7406\u6559\u6388\u96f7\u9a81\u3001\u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u52a9\u7406\u6559\u6388\u9ad8\u54c1\u53ca\u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u535a\u58eb\u751f\u6768\u5b97\u68ee\u3002\u6587\u7ae0\u57fa\u4e8e\u4e09\u4f4d\u6700\u8fd1\u5171\u540c\u64b0\u5199\u7684\u8bba\u6587\uff1a\u201cRegulating Discriminatory Pricing in the Presence of Tacit Collusion\u201d\u3002 \u3010\u6ce8 1\u3011\uff1ahttps:\/\/www.justice.gov\/opa\/pr\/justice-department-and-federal-trade-commission-file-statement-interest-hotel-room \u3010\u6ce8 2\u3011\uff1ahttps:\/\/www.fca.org.uk\/publication\/discussion\/dp18-09.pdf \u3010\u6ce8 3\u3011\uff1ahttps:\/\/www.bbc.com\/news\/business-57270415 \u3010\u6ce8 4\u3011\uff1ahttps:\/\/technode.com\/2021\/07\/15\/regulators-target-price-discrimination \u3010\u6ce8 5\u3011\uff1ahttps:\/\/www.raconteur.net\/finance\/fca-ban-price-walking-rebound-consumers \u96f7\u9a81\u535a\u58eb \u6e2f\u5927\u7ecf\u7ba1\u5b66\u9662\u521b\u65b0\u53ca\u8d44\u8baf\u7ba1\u7406\u5b66\u52a9\u7406\u6559\u6388 \u9ad8\u54c1\u535a\u58eb \u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u52a9\u7406\u6559\u6388 \u6768\u5b97\u68ee\u5148\u751f \u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u535a\u58eb\u751f \uff08\u672c\u6587\u540c\u65f6\u4e8e\u4e8c\u96f6\u4e8c\u56db\u5e74\u4e5d\u6708\u516d\u65e5\u8f7d\u4e8e\u300aFT\u4e2d\u6587\u7f51\u300b\u201c\u660e\u5fb7\u5546\u8bba\u201d\u4e13\u680f\uff09\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/ft-chinese-column\/the-dark-side-of-algorithm-from-big-data-driven-price-discrimination-to-tacit-collusion\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2024-09-06T10:24:57+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2025-10-24T10:04:37+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"\u7b97\u6cd5\u5b6a\u751f\uff1a\u4ece\u5927\u6570\u636e\u6740\u719f\u5230\u9690\u6027\u5408\u8c0b - HKU Business School\" \/>\n\t\t<meta name=\"twitter:description\" content=\"\u5b66\u8005\u7814\u7a76\u53d1\u73b0\uff0c\u5411\u4f01\u4e1a\u65bd\u52a0\u5b8c\u5168\u7684\u4ef7\u683c\u516c\u5e73\u53ef\u80fd\u9002\u5f97\u5176\u53cd\uff0c\u5f62\u6210\u9690\u6027\u5408\u8c0b\uff0c\u6700\u7ec8\u5c06\u8d1f\u9762\u5f71\u54cd\u8f6c\u5ac1\u7ed9\u6d88\u8d39\u8005\u3002 \u5728\u5927\u6570\u636e\u7684\u6d6a\u6f6e\u4e0b\uff0c\u4f01\u4e1a\u642d\u5efa\u65e5\u76ca\u590d\u6742\u7684\u5148\u8fdb\u7b97\u6cd5\uff0c\u5c06\u6d88\u8d39\u8005\u5206\u7c7b\uff0c\u5236\u5b9a\u4e0d\u540c\u4ef7\u683c\uff0c\u76ee\u7684\u5728\u4e8e\u8bc6\u522b\u5e76\u9501\u5b9a\u5fe0\u5b9e\u5ba2\u6237\uff0c\u5411\u4ed6\u4eec\u6536\u53d6\u6b67\u89c6\u6027\u7684\u9ad8\u4ef7\u3002\u8fd9\u4e00\u505a\u6cd5\u5f15\u53d1\u4e86\u5404\u56fd\u76d1\u7ba1\u8005\u7684\u5173\u6ce8\uff0c\u4ee4\u4ed6\u4eec\u7eb7\u7eb7\u62df\u5b9a\u6216\u51fa\u53f0\u6cd5\u4ee4\uff0c\u8bd5\u56fe\u9650\u5236\u4f01\u4e1a\u7684\u6b67\u89c6\u6027\u5b9a\u4ef7\u884c\u4e3a\uff0c\u4ee5\u4fc3\u8fdb\u6d88\u8d39\u8005\u95f4\u7684\u4ef7\u683c\u516c\u5e73\u3002\u7136\u800c\uff0c\u8ffd\u6c42\u4ef7\u683c\u516c\u5e73\u7684\u540c\u65f6\uff0c\u4e00\u4e2a\u66f4\u4e3a\u9690\u853d\u7684\u98ce\u9669\u9010\u6e10\u6d6e\u73b0\uff1a\u4f01\u4e1a\u53ef\u80fd\u4f1a\u5229\u7528\u5b9a\u4ef7\u7b97\u6cd5\u8fbe\u6210\u9690\u6027\u5408\u8c0b\uff0c\u4ece\u800c\u5728\u7ade\u4e89\u5e02\u573a\u4e2d\u7ef4\u6301\u5784\u65ad\u4ef7\u683c\u3010\u6ce8 1\u3011\u3002\u5c3d\u7ba1\u8bb8\u591a\u76d1\u7ba1\u673a\u6784\u9ad8\u5ea6\u5173\u6ce8\u7b97\u6cd5\u6b67\u89c6\u548c\u7b97\u6cd5\u5408\u8c0b\uff0c\u4f46\u9c9c\u6709\u7814\u7a76\u5173\u6ce8\u4e8c\u8005\u4e4b\u95f4\u7684\u91cd\u8981\u5173\u8054\u3002\u4e3a\u6b64\uff0c\u7b14\u8005\u5c31\u8fd9\u4e00\u95ee\u9898\u8fdb\u884c\u6df1\u5165\u5256\u6790\uff0c\u5e76\u63d0\u51fa\u91cd\u8981\u7684\u653f\u7b56\u5efa\u8bae\uff0c\u4e3a\u5982\u4f55\u5e94\u5bf9\u7b97\u6cd5\u6b67\u89c6\u4e0e\u7b97\u6cd5\u5408\u8c0b\u63d0\u4f9b\u65b0\u7684\u601d\u8def\u3002 \u76d1\u7ba1\u7a98\u5883\uff1a\u6309\u4e0b\u846b\u82a6\u6d6e\u8d77\u74e2 2018\u5e74\uff0c\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\uff08Financial Conduct Authority\uff09\u53d1\u5e03\u4e00\u5219\u62a5\u544a\uff0c\u6307\u82f1\u56fd\u91d1\u878d\u670d\u52a1\u884c\u4e1a\u666e\u904d\u548c\u5e7f\u6cdb\u5b58\u5728 \u201c\u5fe0\u8bda\u5ea6\u60e9\u7f5a\u201d\uff0c\u5373\u5fe0\u8bda\u7528\u6237\u5728\u7eed\u7b7e\u670d\u52a1\u5408\u540c\u65f6\u672a\u80fd\u4eab\u53d7\u4f18\u60e0\u4ef7\u683c\u3010\u6ce8 2\u3011\u3002\u5373\u4fbf\u8fd9\u4e9b\u5fe0\u5b9e\u7528\u6237\u7684\u98ce\u9669\u6c34\u5e73\u5e76\u672a\u589e\u52a0\uff0c\u4fdd\u9669\u516c\u53f8\u4f9d\u65e7\u4f1a\u5411\u4ed6\u4eec\u6536\u53d6\u9ad8\u6602\u7684\u4fdd\u8d39\u3002\u8fd9\u79cd\u505a\u6cd5\u5f80\u5f80\u4ee4\u8fd9\u4e9b\u5fe0\u5b9e\u5ba2\u6237\u5904\u4e8e\u66f4\u4e0d\u5229\u7684\u4f4d\u7f6e\u3010\u6ce8 3\u3011\u30022021\u5e74\uff0c\u4e2d\u56fd\u6d59\u6c5f\u7701\u4e00\u5bb6\u6cd5\u9662\u652f\u6301\u4e00\u4f4d\u643a\u7a0b\u7684\u4f1a\u5458\u7528\u6237\uff0c\u5bf9\u8be5\u65c5\u6e38\u5e73\u53f0\u6d89\u5acc\u4ef7\u683c\u6b67\u89c6\u7684\u63a7\u8bc9\uff0c\u56e0\u643a\u7a0b\u5411\u8be5\u4f4d\u201c\u94bb\u77f3\u4f1a\u5458\u201d\uff0c\u6536\u53d6\u6bd4\u9152\u5e97\u5b9e\u9645\u4ef7\u683c\u8d35\u4e00\u500d\u7684\u623f\u8d39\u3002\u7c7b\u4f3c\u7684\u5927\u6570\u636e\u201c\u6740\u719f\u201d\u505a\u6cd5\u4e5f\u53d7\u5230\u4f17\u591a\u4e2d\u56fd\u6d88\u8d39\u8005\u7684\u62a8\u51fb\u3010\u6ce8 4\u3011\u3002\u6709\u9274\u4e8e\u6b64\uff0c\u4e2d\u56fd\u6587\u65c5\u90e8\u4e8e2020\u5e74\u53d1\u5e03\u65b0\u89c4\u5b9a\uff0c\u7981\u6b62\u5728\u7ebf\u9884\u8ba2\u5e73\u53f0\u5bf9\u7528\u6237\u7684\u201c\u6740\u719f\u201d\u884c\u4e3a\uff1b\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\u4ea6\u4e8e2022\u5e74\u5b9e\u65bd\u65b0\u89c4\u5219\uff0c\u4e25\u7981\u4fdd\u9669\u884c\u4e1a\u4e3a\u5ba2\u6237\u7eed\u4fdd\u5bb6\u5ead\u6216\u6c7d\u8f66\u4fdd\u9669\u65f6\uff0c\u62a5\u51fa\u8f83\u65b0\u5ba2\u6237\u66f4\u9ad8\u7684\u4ef7\u683c\u3002 \u4f46\u662f\uff0c\u7b14\u8005\u53d1\u73b0\uff0c\u5c3d\u7ba1\u4e8c\u8005\u653f\u7b56\u610f\u56fe\u548c\u89c4\u5236\u624b\u6bb5\u57fa\u672c\u4e00\u81f4\uff0c\u4f46\u5176\u7ecf\u6d4e\u5f71\u54cd\u53ef\u80fd\u5927\u76f8\u5f84\u5ead\u3002\u5bf9\u4e8e\u673a\u7968\u9152\u5e97\u9884\u8ba2\u884c\u4e1a\uff0c\u666e\u904d\u662f\u76f8\u540c\u7684\u9152\u5e97\u7c7b\u578b\u7531\u591a\u4e2a\u5e73\u53f0\u8fdb\u884c\u5206\u9500\uff0c\u56e0\u6b64\u5bf9\u4e8e\u4e0d\u540c\u65c5\u6e38\u5e73\u53f0\u63d0\u4f9b\u7684\u4ea7\u54c1\u5f80\u5f80\u540c\u8d28\u5316\u7a0b\u5ea6\u9ad8\uff0c\u7ade\u4e89\u4e5f\u76f8\u5bf9\u6fc0\u70c8\u3002\u9488\u5bf9\u8fd9\u4e9b\u540c\u8d28\u5316\u7a0b\u5ea6\u9ad8\u7684\u884c\u4e1a\uff0c\u7981\u6b62\u4ef7\u683c\u6b67\u89c6\u5f80\u5f80\u80fd\u4fc3\u8fdb\u6d88\u8d39\u8005\u5269\u4f59\uff0c\u751a\u81f3\u80fd\u8fdb\u4e00\u6b65\u904f\u6b62\u4f01\u4e1a\u6f5c\u5728\u7684\u4ef7\u683c\u5408\u8c0b\u3002\u7136\u800c\uff0c\u5bf9\u4e8e\u4fdd\u9669\u5e02\u573a\uff0c\u4e0d\u540c\u4f01\u4e1a\u5f80\u5f80\u4f1a\u8bbe\u5b9a\u6761\u6b3e\u3001\u6548\u529b\u3001\u65e5\u671f\u4e0d\u540c\u7684\u4ea7\u54c1\uff0c\u4ee5\u671f\u548c\u5bf9\u624b\u5b9e\u73b0\u5dee\u5f02\u5316\u7684\u7ade\u4e89\u3002\u5bf9\u4e8e\u8fd9\u4e9b\u5dee\u5f02\u5316\u7a0b\u5ea6\u9ad8\u7684\u5e02\u573a\uff0c\u65bd\u52a0\u5b8c\u5168\u7684\u4ef7\u683c\u516c\u5e73\u53ef\u80fd\u9002\u5f97\u5176\u53cd\uff1a\u4f01\u4e1a\u4eec\u80fd\u501f\u6b64\u96c6\u4f53\u62ac\u9ad8\u7b97\u6cd5\u8bbe\u5b9a\u7684\u4ef7\u683c\uff0c\u5f62\u6210\u9690\u6027\u5408\u8c0b\uff0c\u6700\u7ec8\u5c06\u8d1f\u9762\u5f71\u54cd\u8f6c\u5ac1\u7ed9\u6d88\u8d39\u8005\u3002\u4e8b\u5b9e\u4e0a\uff0c\u7ee7\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\u9881\u5e03\u7981\u4ee4\u540e\u4e0d\u4e45\uff0c\u82f1\u56fd\u7684\u5bb6\u5ead\u548c\u6c7d\u8f66\u4fdd\u9669\u4ef7\u683c\u51fa\u73b0\u4e86\u516b\u5e74\u591a\u6765\u6700\u5927\u7684\u73af\u6bd4\u6da8\u5e45\u3010\u6ce8 5\u3011\u3002\u8fd9\u79cd\u5dee\u5f02\u63d0\u9192\u76d1\u7ba1\u8005\uff0c\u6709\u65f6\u5019\uff0c\u5b8c\u7f8e\u7684\u4ef7\u683c\u516c\u5e73\u548c\u5b8c\u5168\u7684\u7ade\u4e89\u5e02\u573a\u662f\u76f8\u4e92\u77db\u76fe\u7684\u2014\u2014\u7981\u6b62\u4ef7\u683c\u6b67\u89c6\u7684\u884c\u4e3a\u53ef\u80fd\u4f1a\u6309\u4e0b\u846b\u82a6\u6d6e\u8d77\u74e2\uff0c\u963b\u788d\u4e86\u5e02\u573a\u7684\u826f\u6027\u7ade\u4e89\u3002\u7531\u6b64\u53ef\u89c1\uff0c\u76d1\u7ba1\u8005\u5728\u5e94\u5bf9\u7b97\u6cd5\u5b9a\u4ef7\u5e26\u6765\u7684\u8bf8\u822c\u793e\u4f1a\u8bae\u9898\u65f6\uff0c\u5fc5\u987b\u5ba1\u52bf\u800c\u884c\uff0c\u907f\u514d\u7275\u4e00\u53d1\u800c\u52a8\u5168\u8eab\u3002 \u76d1\u7ba1\u672a\u6765\uff1a\u53cc\u7ba1\u9f50\u4e0b\u6807\u672c\u517c\u6cbb \u5f53\u4f01\u4e1a\u5b9a\u4ef7\u7b97\u6cd5\u8d8a\u6765\u8d8a\u7cbe\u7ec6\uff0c\u89c4\u5236\u5b9a\u4ef7\u7b97\u6cd5\u5e26\u6765\u7684\u6b67\u89c6\u548c\u9690\u6027\u5408\u8c0b\u95ee\u9898\u4e5f\u9700\u8981\u66f4\u7cbe\u51c6\u7684\u4e3e\u63aa\u3002\u7b14\u8005\u7684\u7814\u7a76\u63d0\u4f9b\u4e24\u79cd\u53ef\u884c\u7684\u89c4\u5236\u8def\u5f84\uff1a \u9996\u5148\uff0c\u9650\u5236\u7b97\u6cd5\u6b67\u89c6\u76f8\u6bd4\u7981\u6b62\u7b97\u6cd5\u6b67\u89c6\u66f4\u4e3a\u7a33\u59a5\u53ef\u884c\uff0c\u8fd9\u79cd\u505a\u6cd5\u53ef\u4ee5\u901a\u8fc7\u4fc3\u8fdb\u7ade\u4e89\u6765\u6291\u5236\u4f01\u4e1a\u53c2\u4e0e\u4ef7\u683c\u5408\u8c0b\u7684\u80fd\u529b\uff0c\u5e76\u4e14\u8f83\u653e\u4efb\u81ea\u6d41\u6216\u8005\u5b8c\u5168\u7981\u6b62\u8fd9\u4e24\u79cd\u975e\u6b64\u5373\u5f7c\u7684\u7b56\u7565\uff0c\u66f4\u80fd\u63d0\u9ad8\u793e\u4f1a\u798f\u5229\uff1b\u5176\u6b21\uff0c\u76f8\u6bd4\u8ffd\u6c42\u4e00\u4e2a\u7edd\u5bf9\u7684\u4ef7\u683c\u516c\u5e73\uff0c\u76d1\u7ba1\u8005\u53ef\u4ee5\u8003\u8651\u9881\u5e03\u968f\u673a\u5316\u7684\u4ef7\u683c\u89c4\u5236\uff0c\u5373\u4ee5\u4e00\u5b9a\u6982\u7387\u51b3\u5b9a\u65bd\u4e0d\u65bd\u52a0\u4ef7\u683c\u516c\u5e73\u3002\u8fd9\u79cd\u968f\u673a\u5316\u7684\u89c4\u5236\u53ef\u4ee5\u4fc3\u8fdb\u5b9e\u8df5\u4e00\u4e2a\u8f83\u9ad8\u7a0b\u5ea6\u7684\u4ef7\u683c\u516c\u5e73\uff0c\u540c\u65f6\u524a\u5f31\u4f01\u4e1a\u5408\u8c0b\u7684\u53ef\u80fd\u6027\u3002\u6b64\u5916\uff0c\u672c\u7814\u7a76\u8fd8\u5f3a\u8c03\uff0c\u76d1\u7ba1\u8005\u5e94\u5f53\u4f9d\u8d56\u66f4\u5148\u8fdb\u7684\u6280\u672f\u624b\u6bb5\uff0c\u52a0\u5f3a\u5bf9\u4f01\u4e1a\u5b9a\u4ef7\u7b97\u6cd5\u7684\u5ba1\u8ba1\uff0c\u63d0\u9ad8\u7b97\u6cd5\u900f\u660e\u5ea6\u3002\u53ea\u6709\u5bf9\u6ee5\u7528\u7b97\u6cd5\u8fdb\u884c\u6b67\u89c6\u6027\u548c\u63a0\u593a\u6027\u5b9a\u4ef7\u7684\u884c\u4e3a\u53cc\u7ba1\u9f50\u4e0b\uff0c\u517c\u987e\u516c\u5e73\u4e0e\u53cd\u5784\u65ad\uff0c\u624d\u80fd\u786e\u4fdd\u5168\u793e\u4f1a\u80fd\u5171\u4eab\u7531\u4f01\u4e1a\u53d1\u5c55\u4ea7\u54c1\u8fdb\u6b65\u6240\u5e26\u6765\u7684\u6280\u672f\u7ea2\u5229\u3002 \u672c\u6587\u4f5c\u8005\u4e3a\u6e2f\u5927\u7ecf\u7ba1\u5b66\u9662\u521b\u65b0\u53ca\u8d44\u8baf\u7ba1\u7406\u5b66\u52a9\u7406\u6559\u6388\u96f7\u9a81\u3001\u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u52a9\u7406\u6559\u6388\u9ad8\u54c1\u53ca\u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u535a\u58eb\u751f\u6768\u5b97\u68ee\u3002\u6587\u7ae0\u57fa\u4e8e\u4e09\u4f4d\u6700\u8fd1\u5171\u540c\u64b0\u5199\u7684\u8bba\u6587\uff1a\u201cRegulating Discriminatory Pricing in the Presence of Tacit Collusion\u201d\u3002 \u3010\u6ce8 1\u3011\uff1ahttps:\/\/www.justice.gov\/opa\/pr\/justice-department-and-federal-trade-commission-file-statement-interest-hotel-room \u3010\u6ce8 2\u3011\uff1ahttps:\/\/www.fca.org.uk\/publication\/discussion\/dp18-09.pdf \u3010\u6ce8 3\u3011\uff1ahttps:\/\/www.bbc.com\/news\/business-57270415 \u3010\u6ce8 4\u3011\uff1ahttps:\/\/technode.com\/2021\/07\/15\/regulators-target-price-discrimination \u3010\u6ce8 5\u3011\uff1ahttps:\/\/www.raconteur.net\/finance\/fca-ban-price-walking-rebound-consumers \u96f7\u9a81\u535a\u58eb \u6e2f\u5927\u7ecf\u7ba1\u5b66\u9662\u521b\u65b0\u53ca\u8d44\u8baf\u7ba1\u7406\u5b66\u52a9\u7406\u6559\u6388 \u9ad8\u54c1\u535a\u58eb \u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u52a9\u7406\u6559\u6388 \u6768\u5b97\u68ee\u5148\u751f \u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u535a\u58eb\u751f \uff08\u672c\u6587\u540c\u65f6\u4e8e\u4e8c\u96f6\u4e8c\u56db\u5e74\u4e5d\u6708\u516d\u65e5\u8f7d\u4e8e\u300aFT\u4e2d\u6587\u7f51\u300b\u201c\u660e\u5fb7\u5546\u8bba\u201d\u4e13\u680f\uff09\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/research\\\/thought-leadership\\\/ft-chinese-column\\\/the-dark-side-of-algorithm-from-big-data-driven-price-discrimination-to-tacit-collusion\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/thought-leadership\\\/ft-chinese-column-sc\\\/#listItem\",\"name\":\"\\u660e\\u5fb7\\u5546\\u8bba\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/thought-leadership\\\/ft-chinese-column-sc\\\/#listItem\",\"position\":2,\"name\":\"\\u660e\\u5fb7\\u5546\\u8bba\",\"item\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/thought-leadership\\\/ft-chinese-column-sc\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/research\\\/thought-leadership\\\/ft-chinese-column\\\/the-dark-side-of-algorithm-from-big-data-driven-price-discrimination-to-tacit-collusion\\\/#listItem\",\"name\":\"\\u7b97\\u6cd5\\u5b6a\\u751f\\uff1a\\u4ece\\u5927\\u6570\\u636e\\u6740\\u719f\\u5230\\u9690\\u6027\\u5408\\u8c0b\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/research\\\/thought-leadership\\\/ft-chinese-column\\\/the-dark-side-of-algorithm-from-big-data-driven-price-discrimination-to-tacit-collusion\\\/#listItem\",\"position\":3,\"name\":\"\\u7b97\\u6cd5\\u5b6a\\u751f\\uff1a\\u4ece\\u5927\\u6570\\u636e\\u6740\\u719f\\u5230\\u9690\\u6027\\u5408\\u8c0b\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/thought-leadership\\\/ft-chinese-column-sc\\\/#listItem\",\"name\":\"\\u660e\\u5fb7\\u5546\\u8bba\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/#organization\",\"name\":\"HKU Business School\",\"url\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/research\\\/thought-leadership\\\/ft-chinese-column\\\/the-dark-side-of-algorithm-from-big-data-driven-price-discrimination-to-tacit-collusion\\\/#webpage\",\"url\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/research\\\/thought-leadership\\\/ft-chinese-column\\\/the-dark-side-of-algorithm-from-big-data-driven-price-discrimination-to-tacit-collusion\\\/\",\"name\":\"\\u7b97\\u6cd5\\u5b6a\\u751f\\uff1a\\u4ece\\u5927\\u6570\\u636e\\u6740\\u719f\\u5230\\u9690\\u6027\\u5408\\u8c0b - HKU Business School\",\"description\":\"\\u5b66\\u8005\\u7814\\u7a76\\u53d1\\u73b0\\uff0c\\u5411\\u4f01\\u4e1a\\u65bd\\u52a0\\u5b8c\\u5168\\u7684\\u4ef7\\u683c\\u516c\\u5e73\\u53ef\\u80fd\\u9002\\u5f97\\u5176\\u53cd\\uff0c\\u5f62\\u6210\\u9690\\u6027\\u5408\\u8c0b\\uff0c\\u6700\\u7ec8\\u5c06\\u8d1f\\u9762\\u5f71\\u54cd\\u8f6c\\u5ac1\\u7ed9\\u6d88\\u8d39\\u8005\\u3002 \\u5728\\u5927\\u6570\\u636e\\u7684\\u6d6a\\u6f6e\\u4e0b\\uff0c\\u4f01\\u4e1a\\u642d\\u5efa\\u65e5\\u76ca\\u590d\\u6742\\u7684\\u5148\\u8fdb\\u7b97\\u6cd5\\uff0c\\u5c06\\u6d88\\u8d39\\u8005\\u5206\\u7c7b\\uff0c\\u5236\\u5b9a\\u4e0d\\u540c\\u4ef7\\u683c\\uff0c\\u76ee\\u7684\\u5728\\u4e8e\\u8bc6\\u522b\\u5e76\\u9501\\u5b9a\\u5fe0\\u5b9e\\u5ba2\\u6237\\uff0c\\u5411\\u4ed6\\u4eec\\u6536\\u53d6\\u6b67\\u89c6\\u6027\\u7684\\u9ad8\\u4ef7\\u3002\\u8fd9\\u4e00\\u505a\\u6cd5\\u5f15\\u53d1\\u4e86\\u5404\\u56fd\\u76d1\\u7ba1\\u8005\\u7684\\u5173\\u6ce8\\uff0c\\u4ee4\\u4ed6\\u4eec\\u7eb7\\u7eb7\\u62df\\u5b9a\\u6216\\u51fa\\u53f0\\u6cd5\\u4ee4\\uff0c\\u8bd5\\u56fe\\u9650\\u5236\\u4f01\\u4e1a\\u7684\\u6b67\\u89c6\\u6027\\u5b9a\\u4ef7\\u884c\\u4e3a\\uff0c\\u4ee5\\u4fc3\\u8fdb\\u6d88\\u8d39\\u8005\\u95f4\\u7684\\u4ef7\\u683c\\u516c\\u5e73\\u3002\\u7136\\u800c\\uff0c\\u8ffd\\u6c42\\u4ef7\\u683c\\u516c\\u5e73\\u7684\\u540c\\u65f6\\uff0c\\u4e00\\u4e2a\\u66f4\\u4e3a\\u9690\\u853d\\u7684\\u98ce\\u9669\\u9010\\u6e10\\u6d6e\\u73b0\\uff1a\\u4f01\\u4e1a\\u53ef\\u80fd\\u4f1a\\u5229\\u7528\\u5b9a\\u4ef7\\u7b97\\u6cd5\\u8fbe\\u6210\\u9690\\u6027\\u5408\\u8c0b\\uff0c\\u4ece\\u800c\\u5728\\u7ade\\u4e89\\u5e02\\u573a\\u4e2d\\u7ef4\\u6301\\u5784\\u65ad\\u4ef7\\u683c\\u3010\\u6ce8 1\\u3011\\u3002\\u5c3d\\u7ba1\\u8bb8\\u591a\\u76d1\\u7ba1\\u673a\\u6784\\u9ad8\\u5ea6\\u5173\\u6ce8\\u7b97\\u6cd5\\u6b67\\u89c6\\u548c\\u7b97\\u6cd5\\u5408\\u8c0b\\uff0c\\u4f46\\u9c9c\\u6709\\u7814\\u7a76\\u5173\\u6ce8\\u4e8c\\u8005\\u4e4b\\u95f4\\u7684\\u91cd\\u8981\\u5173\\u8054\\u3002\\u4e3a\\u6b64\\uff0c\\u7b14\\u8005\\u5c31\\u8fd9\\u4e00\\u95ee\\u9898\\u8fdb\\u884c\\u6df1\\u5165\\u5256\\u6790\\uff0c\\u5e76\\u63d0\\u51fa\\u91cd\\u8981\\u7684\\u653f\\u7b56\\u5efa\\u8bae\\uff0c\\u4e3a\\u5982\\u4f55\\u5e94\\u5bf9\\u7b97\\u6cd5\\u6b67\\u89c6\\u4e0e\\u7b97\\u6cd5\\u5408\\u8c0b\\u63d0\\u4f9b\\u65b0\\u7684\\u601d\\u8def\\u3002 \\u76d1\\u7ba1\\u7a98\\u5883\\uff1a\\u6309\\u4e0b\\u846b\\u82a6\\u6d6e\\u8d77\\u74e2 2018\\u5e74\\uff0c\\u82f1\\u56fd\\u91d1\\u878d\\u884c\\u4e3a\\u76d1\\u7ba1\\u5c40\\uff08Financial Conduct Authority\\uff09\\u53d1\\u5e03\\u4e00\\u5219\\u62a5\\u544a\\uff0c\\u6307\\u82f1\\u56fd\\u91d1\\u878d\\u670d\\u52a1\\u884c\\u4e1a\\u666e\\u904d\\u548c\\u5e7f\\u6cdb\\u5b58\\u5728 \\u201c\\u5fe0\\u8bda\\u5ea6\\u60e9\\u7f5a\\u201d\\uff0c\\u5373\\u5fe0\\u8bda\\u7528\\u6237\\u5728\\u7eed\\u7b7e\\u670d\\u52a1\\u5408\\u540c\\u65f6\\u672a\\u80fd\\u4eab\\u53d7\\u4f18\\u60e0\\u4ef7\\u683c\\u3010\\u6ce8 2\\u3011\\u3002\\u5373\\u4fbf\\u8fd9\\u4e9b\\u5fe0\\u5b9e\\u7528\\u6237\\u7684\\u98ce\\u9669\\u6c34\\u5e73\\u5e76\\u672a\\u589e\\u52a0\\uff0c\\u4fdd\\u9669\\u516c\\u53f8\\u4f9d\\u65e7\\u4f1a\\u5411\\u4ed6\\u4eec\\u6536\\u53d6\\u9ad8\\u6602\\u7684\\u4fdd\\u8d39\\u3002\\u8fd9\\u79cd\\u505a\\u6cd5\\u5f80\\u5f80\\u4ee4\\u8fd9\\u4e9b\\u5fe0\\u5b9e\\u5ba2\\u6237\\u5904\\u4e8e\\u66f4\\u4e0d\\u5229\\u7684\\u4f4d\\u7f6e\\u3010\\u6ce8 3\\u3011\\u30022021\\u5e74\\uff0c\\u4e2d\\u56fd\\u6d59\\u6c5f\\u7701\\u4e00\\u5bb6\\u6cd5\\u9662\\u652f\\u6301\\u4e00\\u4f4d\\u643a\\u7a0b\\u7684\\u4f1a\\u5458\\u7528\\u6237\\uff0c\\u5bf9\\u8be5\\u65c5\\u6e38\\u5e73\\u53f0\\u6d89\\u5acc\\u4ef7\\u683c\\u6b67\\u89c6\\u7684\\u63a7\\u8bc9\\uff0c\\u56e0\\u643a\\u7a0b\\u5411\\u8be5\\u4f4d\\u201c\\u94bb\\u77f3\\u4f1a\\u5458\\u201d\\uff0c\\u6536\\u53d6\\u6bd4\\u9152\\u5e97\\u5b9e\\u9645\\u4ef7\\u683c\\u8d35\\u4e00\\u500d\\u7684\\u623f\\u8d39\\u3002\\u7c7b\\u4f3c\\u7684\\u5927\\u6570\\u636e\\u201c\\u6740\\u719f\\u201d\\u505a\\u6cd5\\u4e5f\\u53d7\\u5230\\u4f17\\u591a\\u4e2d\\u56fd\\u6d88\\u8d39\\u8005\\u7684\\u62a8\\u51fb\\u3010\\u6ce8 4\\u3011\\u3002\\u6709\\u9274\\u4e8e\\u6b64\\uff0c\\u4e2d\\u56fd\\u6587\\u65c5\\u90e8\\u4e8e2020\\u5e74\\u53d1\\u5e03\\u65b0\\u89c4\\u5b9a\\uff0c\\u7981\\u6b62\\u5728\\u7ebf\\u9884\\u8ba2\\u5e73\\u53f0\\u5bf9\\u7528\\u6237\\u7684\\u201c\\u6740\\u719f\\u201d\\u884c\\u4e3a\\uff1b\\u82f1\\u56fd\\u91d1\\u878d\\u884c\\u4e3a\\u76d1\\u7ba1\\u5c40\\u4ea6\\u4e8e2022\\u5e74\\u5b9e\\u65bd\\u65b0\\u89c4\\u5219\\uff0c\\u4e25\\u7981\\u4fdd\\u9669\\u884c\\u4e1a\\u4e3a\\u5ba2\\u6237\\u7eed\\u4fdd\\u5bb6\\u5ead\\u6216\\u6c7d\\u8f66\\u4fdd\\u9669\\u65f6\\uff0c\\u62a5\\u51fa\\u8f83\\u65b0\\u5ba2\\u6237\\u66f4\\u9ad8\\u7684\\u4ef7\\u683c\\u3002 \\u4f46\\u662f\\uff0c\\u7b14\\u8005\\u53d1\\u73b0\\uff0c\\u5c3d\\u7ba1\\u4e8c\\u8005\\u653f\\u7b56\\u610f\\u56fe\\u548c\\u89c4\\u5236\\u624b\\u6bb5\\u57fa\\u672c\\u4e00\\u81f4\\uff0c\\u4f46\\u5176\\u7ecf\\u6d4e\\u5f71\\u54cd\\u53ef\\u80fd\\u5927\\u76f8\\u5f84\\u5ead\\u3002\\u5bf9\\u4e8e\\u673a\\u7968\\u9152\\u5e97\\u9884\\u8ba2\\u884c\\u4e1a\\uff0c\\u666e\\u904d\\u662f\\u76f8\\u540c\\u7684\\u9152\\u5e97\\u7c7b\\u578b\\u7531\\u591a\\u4e2a\\u5e73\\u53f0\\u8fdb\\u884c\\u5206\\u9500\\uff0c\\u56e0\\u6b64\\u5bf9\\u4e8e\\u4e0d\\u540c\\u65c5\\u6e38\\u5e73\\u53f0\\u63d0\\u4f9b\\u7684\\u4ea7\\u54c1\\u5f80\\u5f80\\u540c\\u8d28\\u5316\\u7a0b\\u5ea6\\u9ad8\\uff0c\\u7ade\\u4e89\\u4e5f\\u76f8\\u5bf9\\u6fc0\\u70c8\\u3002\\u9488\\u5bf9\\u8fd9\\u4e9b\\u540c\\u8d28\\u5316\\u7a0b\\u5ea6\\u9ad8\\u7684\\u884c\\u4e1a\\uff0c\\u7981\\u6b62\\u4ef7\\u683c\\u6b67\\u89c6\\u5f80\\u5f80\\u80fd\\u4fc3\\u8fdb\\u6d88\\u8d39\\u8005\\u5269\\u4f59\\uff0c\\u751a\\u81f3\\u80fd\\u8fdb\\u4e00\\u6b65\\u904f\\u6b62\\u4f01\\u4e1a\\u6f5c\\u5728\\u7684\\u4ef7\\u683c\\u5408\\u8c0b\\u3002\\u7136\\u800c\\uff0c\\u5bf9\\u4e8e\\u4fdd\\u9669\\u5e02\\u573a\\uff0c\\u4e0d\\u540c\\u4f01\\u4e1a\\u5f80\\u5f80\\u4f1a\\u8bbe\\u5b9a\\u6761\\u6b3e\\u3001\\u6548\\u529b\\u3001\\u65e5\\u671f\\u4e0d\\u540c\\u7684\\u4ea7\\u54c1\\uff0c\\u4ee5\\u671f\\u548c\\u5bf9\\u624b\\u5b9e\\u73b0\\u5dee\\u5f02\\u5316\\u7684\\u7ade\\u4e89\\u3002\\u5bf9\\u4e8e\\u8fd9\\u4e9b\\u5dee\\u5f02\\u5316\\u7a0b\\u5ea6\\u9ad8\\u7684\\u5e02\\u573a\\uff0c\\u65bd\\u52a0\\u5b8c\\u5168\\u7684\\u4ef7\\u683c\\u516c\\u5e73\\u53ef\\u80fd\\u9002\\u5f97\\u5176\\u53cd\\uff1a\\u4f01\\u4e1a\\u4eec\\u80fd\\u501f\\u6b64\\u96c6\\u4f53\\u62ac\\u9ad8\\u7b97\\u6cd5\\u8bbe\\u5b9a\\u7684\\u4ef7\\u683c\\uff0c\\u5f62\\u6210\\u9690\\u6027\\u5408\\u8c0b\\uff0c\\u6700\\u7ec8\\u5c06\\u8d1f\\u9762\\u5f71\\u54cd\\u8f6c\\u5ac1\\u7ed9\\u6d88\\u8d39\\u8005\\u3002\\u4e8b\\u5b9e\\u4e0a\\uff0c\\u7ee7\\u82f1\\u56fd\\u91d1\\u878d\\u884c\\u4e3a\\u76d1\\u7ba1\\u5c40\\u9881\\u5e03\\u7981\\u4ee4\\u540e\\u4e0d\\u4e45\\uff0c\\u82f1\\u56fd\\u7684\\u5bb6\\u5ead\\u548c\\u6c7d\\u8f66\\u4fdd\\u9669\\u4ef7\\u683c\\u51fa\\u73b0\\u4e86\\u516b\\u5e74\\u591a\\u6765\\u6700\\u5927\\u7684\\u73af\\u6bd4\\u6da8\\u5e45\\u3010\\u6ce8 5\\u3011\\u3002\\u8fd9\\u79cd\\u5dee\\u5f02\\u63d0\\u9192\\u76d1\\u7ba1\\u8005\\uff0c\\u6709\\u65f6\\u5019\\uff0c\\u5b8c\\u7f8e\\u7684\\u4ef7\\u683c\\u516c\\u5e73\\u548c\\u5b8c\\u5168\\u7684\\u7ade\\u4e89\\u5e02\\u573a\\u662f\\u76f8\\u4e92\\u77db\\u76fe\\u7684\\u2014\\u2014\\u7981\\u6b62\\u4ef7\\u683c\\u6b67\\u89c6\\u7684\\u884c\\u4e3a\\u53ef\\u80fd\\u4f1a\\u6309\\u4e0b\\u846b\\u82a6\\u6d6e\\u8d77\\u74e2\\uff0c\\u963b\\u788d\\u4e86\\u5e02\\u573a\\u7684\\u826f\\u6027\\u7ade\\u4e89\\u3002\\u7531\\u6b64\\u53ef\\u89c1\\uff0c\\u76d1\\u7ba1\\u8005\\u5728\\u5e94\\u5bf9\\u7b97\\u6cd5\\u5b9a\\u4ef7\\u5e26\\u6765\\u7684\\u8bf8\\u822c\\u793e\\u4f1a\\u8bae\\u9898\\u65f6\\uff0c\\u5fc5\\u987b\\u5ba1\\u52bf\\u800c\\u884c\\uff0c\\u907f\\u514d\\u7275\\u4e00\\u53d1\\u800c\\u52a8\\u5168\\u8eab\\u3002 \\u76d1\\u7ba1\\u672a\\u6765\\uff1a\\u53cc\\u7ba1\\u9f50\\u4e0b\\u6807\\u672c\\u517c\\u6cbb \\u5f53\\u4f01\\u4e1a\\u5b9a\\u4ef7\\u7b97\\u6cd5\\u8d8a\\u6765\\u8d8a\\u7cbe\\u7ec6\\uff0c\\u89c4\\u5236\\u5b9a\\u4ef7\\u7b97\\u6cd5\\u5e26\\u6765\\u7684\\u6b67\\u89c6\\u548c\\u9690\\u6027\\u5408\\u8c0b\\u95ee\\u9898\\u4e5f\\u9700\\u8981\\u66f4\\u7cbe\\u51c6\\u7684\\u4e3e\\u63aa\\u3002\\u7b14\\u8005\\u7684\\u7814\\u7a76\\u63d0\\u4f9b\\u4e24\\u79cd\\u53ef\\u884c\\u7684\\u89c4\\u5236\\u8def\\u5f84\\uff1a \\u9996\\u5148\\uff0c\\u9650\\u5236\\u7b97\\u6cd5\\u6b67\\u89c6\\u76f8\\u6bd4\\u7981\\u6b62\\u7b97\\u6cd5\\u6b67\\u89c6\\u66f4\\u4e3a\\u7a33\\u59a5\\u53ef\\u884c\\uff0c\\u8fd9\\u79cd\\u505a\\u6cd5\\u53ef\\u4ee5\\u901a\\u8fc7\\u4fc3\\u8fdb\\u7ade\\u4e89\\u6765\\u6291\\u5236\\u4f01\\u4e1a\\u53c2\\u4e0e\\u4ef7\\u683c\\u5408\\u8c0b\\u7684\\u80fd\\u529b\\uff0c\\u5e76\\u4e14\\u8f83\\u653e\\u4efb\\u81ea\\u6d41\\u6216\\u8005\\u5b8c\\u5168\\u7981\\u6b62\\u8fd9\\u4e24\\u79cd\\u975e\\u6b64\\u5373\\u5f7c\\u7684\\u7b56\\u7565\\uff0c\\u66f4\\u80fd\\u63d0\\u9ad8\\u793e\\u4f1a\\u798f\\u5229\\uff1b\\u5176\\u6b21\\uff0c\\u76f8\\u6bd4\\u8ffd\\u6c42\\u4e00\\u4e2a\\u7edd\\u5bf9\\u7684\\u4ef7\\u683c\\u516c\\u5e73\\uff0c\\u76d1\\u7ba1\\u8005\\u53ef\\u4ee5\\u8003\\u8651\\u9881\\u5e03\\u968f\\u673a\\u5316\\u7684\\u4ef7\\u683c\\u89c4\\u5236\\uff0c\\u5373\\u4ee5\\u4e00\\u5b9a\\u6982\\u7387\\u51b3\\u5b9a\\u65bd\\u4e0d\\u65bd\\u52a0\\u4ef7\\u683c\\u516c\\u5e73\\u3002\\u8fd9\\u79cd\\u968f\\u673a\\u5316\\u7684\\u89c4\\u5236\\u53ef\\u4ee5\\u4fc3\\u8fdb\\u5b9e\\u8df5\\u4e00\\u4e2a\\u8f83\\u9ad8\\u7a0b\\u5ea6\\u7684\\u4ef7\\u683c\\u516c\\u5e73\\uff0c\\u540c\\u65f6\\u524a\\u5f31\\u4f01\\u4e1a\\u5408\\u8c0b\\u7684\\u53ef\\u80fd\\u6027\\u3002\\u6b64\\u5916\\uff0c\\u672c\\u7814\\u7a76\\u8fd8\\u5f3a\\u8c03\\uff0c\\u76d1\\u7ba1\\u8005\\u5e94\\u5f53\\u4f9d\\u8d56\\u66f4\\u5148\\u8fdb\\u7684\\u6280\\u672f\\u624b\\u6bb5\\uff0c\\u52a0\\u5f3a\\u5bf9\\u4f01\\u4e1a\\u5b9a\\u4ef7\\u7b97\\u6cd5\\u7684\\u5ba1\\u8ba1\\uff0c\\u63d0\\u9ad8\\u7b97\\u6cd5\\u900f\\u660e\\u5ea6\\u3002\\u53ea\\u6709\\u5bf9\\u6ee5\\u7528\\u7b97\\u6cd5\\u8fdb\\u884c\\u6b67\\u89c6\\u6027\\u548c\\u63a0\\u593a\\u6027\\u5b9a\\u4ef7\\u7684\\u884c\\u4e3a\\u53cc\\u7ba1\\u9f50\\u4e0b\\uff0c\\u517c\\u987e\\u516c\\u5e73\\u4e0e\\u53cd\\u5784\\u65ad\\uff0c\\u624d\\u80fd\\u786e\\u4fdd\\u5168\\u793e\\u4f1a\\u80fd\\u5171\\u4eab\\u7531\\u4f01\\u4e1a\\u53d1\\u5c55\\u4ea7\\u54c1\\u8fdb\\u6b65\\u6240\\u5e26\\u6765\\u7684\\u6280\\u672f\\u7ea2\\u5229\\u3002 \\u672c\\u6587\\u4f5c\\u8005\\u4e3a\\u6e2f\\u5927\\u7ecf\\u7ba1\\u5b66\\u9662\\u521b\\u65b0\\u53ca\\u8d44\\u8baf\\u7ba1\\u7406\\u5b66\\u52a9\\u7406\\u6559\\u6388\\u96f7\\u9a81\\u3001\\u9999\\u6e2f\\u4e2d\\u6587\\u5927\\u5b66\\uff08\\u6df1\\u5733\\uff09\\u6570\\u636e\\u79d1\\u5b66\\u5b66\\u9662\\u52a9\\u7406\\u6559\\u6388\\u9ad8\\u54c1\\u53ca\\u9999\\u6e2f\\u4e2d\\u6587\\u5927\\u5b66\\uff08\\u6df1\\u5733\\uff09\\u6570\\u636e\\u79d1\\u5b66\\u5b66\\u9662\\u535a\\u58eb\\u751f\\u6768\\u5b97\\u68ee\\u3002\\u6587\\u7ae0\\u57fa\\u4e8e\\u4e09\\u4f4d\\u6700\\u8fd1\\u5171\\u540c\\u64b0\\u5199\\u7684\\u8bba\\u6587\\uff1a\\u201cRegulating Discriminatory Pricing in the Presence of Tacit Collusion\\u201d\\u3002 \\u3010\\u6ce8 1\\u3011\\uff1ahttps:\\\/\\\/www.justice.gov\\\/opa\\\/pr\\\/justice-department-and-federal-trade-commission-file-statement-interest-hotel-room \\u3010\\u6ce8 2\\u3011\\uff1ahttps:\\\/\\\/www.fca.org.uk\\\/publication\\\/discussion\\\/dp18-09.pdf \\u3010\\u6ce8 3\\u3011\\uff1ahttps:\\\/\\\/www.bbc.com\\\/news\\\/business-57270415 \\u3010\\u6ce8 4\\u3011\\uff1ahttps:\\\/\\\/technode.com\\\/2021\\\/07\\\/15\\\/regulators-target-price-discrimination \\u3010\\u6ce8 5\\u3011\\uff1ahttps:\\\/\\\/www.raconteur.net\\\/finance\\\/fca-ban-price-walking-rebound-consumers \\u96f7\\u9a81\\u535a\\u58eb \\u6e2f\\u5927\\u7ecf\\u7ba1\\u5b66\\u9662\\u521b\\u65b0\\u53ca\\u8d44\\u8baf\\u7ba1\\u7406\\u5b66\\u52a9\\u7406\\u6559\\u6388 \\u9ad8\\u54c1\\u535a\\u58eb \\u9999\\u6e2f\\u4e2d\\u6587\\u5927\\u5b66\\uff08\\u6df1\\u5733\\uff09\\u6570\\u636e\\u79d1\\u5b66\\u5b66\\u9662\\u52a9\\u7406\\u6559\\u6388 \\u6768\\u5b97\\u68ee\\u5148\\u751f \\u9999\\u6e2f\\u4e2d\\u6587\\u5927\\u5b66\\uff08\\u6df1\\u5733\\uff09\\u6570\\u636e\\u79d1\\u5b66\\u5b66\\u9662\\u535a\\u58eb\\u751f \\uff08\\u672c\\u6587\\u540c\\u65f6\\u4e8e\\u4e8c\\u96f6\\u4e8c\\u56db\\u5e74\\u4e5d\\u6708\\u516d\\u65e5\\u8f7d\\u4e8e\\u300aFT\\u4e2d\\u6587\\u7f51\\u300b\\u201c\\u660e\\u5fb7\\u5546\\u8bba\\u201d\\u4e13\\u680f\\uff09\",\"inLanguage\":\"zh-CN\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/research\\\/thought-leadership\\\/ft-chinese-column\\\/the-dark-side-of-algorithm-from-big-data-driven-price-discrimination-to-tacit-collusion\\\/#breadcrumblist\"},\"datePublished\":\"2024-09-06T18:24:57+08:00\",\"dateModified\":\"2025-10-24T18:04:37+08:00\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/#website\",\"url\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/\",\"name\":\"HKU Business School\",\"inLanguage\":\"zh-CN\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.hkubs.hku.hk\\\/sc\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO -->\n\n","aioseo_head_json":{"title":"\u7b97\u6cd5\u5b6a\u751f\uff1a\u4ece\u5927\u6570\u636e\u6740\u719f\u5230\u9690\u6027\u5408\u8c0b - HKU Business School","description":"\u5b66\u8005\u7814\u7a76\u53d1\u73b0\uff0c\u5411\u4f01\u4e1a\u65bd\u52a0\u5b8c\u5168\u7684\u4ef7\u683c\u516c\u5e73\u53ef\u80fd\u9002\u5f97\u5176\u53cd\uff0c\u5f62\u6210\u9690\u6027\u5408\u8c0b\uff0c\u6700\u7ec8\u5c06\u8d1f\u9762\u5f71\u54cd\u8f6c\u5ac1\u7ed9\u6d88\u8d39\u8005\u3002 \u5728\u5927\u6570\u636e\u7684\u6d6a\u6f6e\u4e0b\uff0c\u4f01\u4e1a\u642d\u5efa\u65e5\u76ca\u590d\u6742\u7684\u5148\u8fdb\u7b97\u6cd5\uff0c\u5c06\u6d88\u8d39\u8005\u5206\u7c7b\uff0c\u5236\u5b9a\u4e0d\u540c\u4ef7\u683c\uff0c\u76ee\u7684\u5728\u4e8e\u8bc6\u522b\u5e76\u9501\u5b9a\u5fe0\u5b9e\u5ba2\u6237\uff0c\u5411\u4ed6\u4eec\u6536\u53d6\u6b67\u89c6\u6027\u7684\u9ad8\u4ef7\u3002\u8fd9\u4e00\u505a\u6cd5\u5f15\u53d1\u4e86\u5404\u56fd\u76d1\u7ba1\u8005\u7684\u5173\u6ce8\uff0c\u4ee4\u4ed6\u4eec\u7eb7\u7eb7\u62df\u5b9a\u6216\u51fa\u53f0\u6cd5\u4ee4\uff0c\u8bd5\u56fe\u9650\u5236\u4f01\u4e1a\u7684\u6b67\u89c6\u6027\u5b9a\u4ef7\u884c\u4e3a\uff0c\u4ee5\u4fc3\u8fdb\u6d88\u8d39\u8005\u95f4\u7684\u4ef7\u683c\u516c\u5e73\u3002\u7136\u800c\uff0c\u8ffd\u6c42\u4ef7\u683c\u516c\u5e73\u7684\u540c\u65f6\uff0c\u4e00\u4e2a\u66f4\u4e3a\u9690\u853d\u7684\u98ce\u9669\u9010\u6e10\u6d6e\u73b0\uff1a\u4f01\u4e1a\u53ef\u80fd\u4f1a\u5229\u7528\u5b9a\u4ef7\u7b97\u6cd5\u8fbe\u6210\u9690\u6027\u5408\u8c0b\uff0c\u4ece\u800c\u5728\u7ade\u4e89\u5e02\u573a\u4e2d\u7ef4\u6301\u5784\u65ad\u4ef7\u683c\u3010\u6ce8 1\u3011\u3002\u5c3d\u7ba1\u8bb8\u591a\u76d1\u7ba1\u673a\u6784\u9ad8\u5ea6\u5173\u6ce8\u7b97\u6cd5\u6b67\u89c6\u548c\u7b97\u6cd5\u5408\u8c0b\uff0c\u4f46\u9c9c\u6709\u7814\u7a76\u5173\u6ce8\u4e8c\u8005\u4e4b\u95f4\u7684\u91cd\u8981\u5173\u8054\u3002\u4e3a\u6b64\uff0c\u7b14\u8005\u5c31\u8fd9\u4e00\u95ee\u9898\u8fdb\u884c\u6df1\u5165\u5256\u6790\uff0c\u5e76\u63d0\u51fa\u91cd\u8981\u7684\u653f\u7b56\u5efa\u8bae\uff0c\u4e3a\u5982\u4f55\u5e94\u5bf9\u7b97\u6cd5\u6b67\u89c6\u4e0e\u7b97\u6cd5\u5408\u8c0b\u63d0\u4f9b\u65b0\u7684\u601d\u8def\u3002 \u76d1\u7ba1\u7a98\u5883\uff1a\u6309\u4e0b\u846b\u82a6\u6d6e\u8d77\u74e2 2018\u5e74\uff0c\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\uff08Financial Conduct Authority\uff09\u53d1\u5e03\u4e00\u5219\u62a5\u544a\uff0c\u6307\u82f1\u56fd\u91d1\u878d\u670d\u52a1\u884c\u4e1a\u666e\u904d\u548c\u5e7f\u6cdb\u5b58\u5728 \u201c\u5fe0\u8bda\u5ea6\u60e9\u7f5a\u201d\uff0c\u5373\u5fe0\u8bda\u7528\u6237\u5728\u7eed\u7b7e\u670d\u52a1\u5408\u540c\u65f6\u672a\u80fd\u4eab\u53d7\u4f18\u60e0\u4ef7\u683c\u3010\u6ce8 2\u3011\u3002\u5373\u4fbf\u8fd9\u4e9b\u5fe0\u5b9e\u7528\u6237\u7684\u98ce\u9669\u6c34\u5e73\u5e76\u672a\u589e\u52a0\uff0c\u4fdd\u9669\u516c\u53f8\u4f9d\u65e7\u4f1a\u5411\u4ed6\u4eec\u6536\u53d6\u9ad8\u6602\u7684\u4fdd\u8d39\u3002\u8fd9\u79cd\u505a\u6cd5\u5f80\u5f80\u4ee4\u8fd9\u4e9b\u5fe0\u5b9e\u5ba2\u6237\u5904\u4e8e\u66f4\u4e0d\u5229\u7684\u4f4d\u7f6e\u3010\u6ce8 3\u3011\u30022021\u5e74\uff0c\u4e2d\u56fd\u6d59\u6c5f\u7701\u4e00\u5bb6\u6cd5\u9662\u652f\u6301\u4e00\u4f4d\u643a\u7a0b\u7684\u4f1a\u5458\u7528\u6237\uff0c\u5bf9\u8be5\u65c5\u6e38\u5e73\u53f0\u6d89\u5acc\u4ef7\u683c\u6b67\u89c6\u7684\u63a7\u8bc9\uff0c\u56e0\u643a\u7a0b\u5411\u8be5\u4f4d\u201c\u94bb\u77f3\u4f1a\u5458\u201d\uff0c\u6536\u53d6\u6bd4\u9152\u5e97\u5b9e\u9645\u4ef7\u683c\u8d35\u4e00\u500d\u7684\u623f\u8d39\u3002\u7c7b\u4f3c\u7684\u5927\u6570\u636e\u201c\u6740\u719f\u201d\u505a\u6cd5\u4e5f\u53d7\u5230\u4f17\u591a\u4e2d\u56fd\u6d88\u8d39\u8005\u7684\u62a8\u51fb\u3010\u6ce8 4\u3011\u3002\u6709\u9274\u4e8e\u6b64\uff0c\u4e2d\u56fd\u6587\u65c5\u90e8\u4e8e2020\u5e74\u53d1\u5e03\u65b0\u89c4\u5b9a\uff0c\u7981\u6b62\u5728\u7ebf\u9884\u8ba2\u5e73\u53f0\u5bf9\u7528\u6237\u7684\u201c\u6740\u719f\u201d\u884c\u4e3a\uff1b\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\u4ea6\u4e8e2022\u5e74\u5b9e\u65bd\u65b0\u89c4\u5219\uff0c\u4e25\u7981\u4fdd\u9669\u884c\u4e1a\u4e3a\u5ba2\u6237\u7eed\u4fdd\u5bb6\u5ead\u6216\u6c7d\u8f66\u4fdd\u9669\u65f6\uff0c\u62a5\u51fa\u8f83\u65b0\u5ba2\u6237\u66f4\u9ad8\u7684\u4ef7\u683c\u3002 \u4f46\u662f\uff0c\u7b14\u8005\u53d1\u73b0\uff0c\u5c3d\u7ba1\u4e8c\u8005\u653f\u7b56\u610f\u56fe\u548c\u89c4\u5236\u624b\u6bb5\u57fa\u672c\u4e00\u81f4\uff0c\u4f46\u5176\u7ecf\u6d4e\u5f71\u54cd\u53ef\u80fd\u5927\u76f8\u5f84\u5ead\u3002\u5bf9\u4e8e\u673a\u7968\u9152\u5e97\u9884\u8ba2\u884c\u4e1a\uff0c\u666e\u904d\u662f\u76f8\u540c\u7684\u9152\u5e97\u7c7b\u578b\u7531\u591a\u4e2a\u5e73\u53f0\u8fdb\u884c\u5206\u9500\uff0c\u56e0\u6b64\u5bf9\u4e8e\u4e0d\u540c\u65c5\u6e38\u5e73\u53f0\u63d0\u4f9b\u7684\u4ea7\u54c1\u5f80\u5f80\u540c\u8d28\u5316\u7a0b\u5ea6\u9ad8\uff0c\u7ade\u4e89\u4e5f\u76f8\u5bf9\u6fc0\u70c8\u3002\u9488\u5bf9\u8fd9\u4e9b\u540c\u8d28\u5316\u7a0b\u5ea6\u9ad8\u7684\u884c\u4e1a\uff0c\u7981\u6b62\u4ef7\u683c\u6b67\u89c6\u5f80\u5f80\u80fd\u4fc3\u8fdb\u6d88\u8d39\u8005\u5269\u4f59\uff0c\u751a\u81f3\u80fd\u8fdb\u4e00\u6b65\u904f\u6b62\u4f01\u4e1a\u6f5c\u5728\u7684\u4ef7\u683c\u5408\u8c0b\u3002\u7136\u800c\uff0c\u5bf9\u4e8e\u4fdd\u9669\u5e02\u573a\uff0c\u4e0d\u540c\u4f01\u4e1a\u5f80\u5f80\u4f1a\u8bbe\u5b9a\u6761\u6b3e\u3001\u6548\u529b\u3001\u65e5\u671f\u4e0d\u540c\u7684\u4ea7\u54c1\uff0c\u4ee5\u671f\u548c\u5bf9\u624b\u5b9e\u73b0\u5dee\u5f02\u5316\u7684\u7ade\u4e89\u3002\u5bf9\u4e8e\u8fd9\u4e9b\u5dee\u5f02\u5316\u7a0b\u5ea6\u9ad8\u7684\u5e02\u573a\uff0c\u65bd\u52a0\u5b8c\u5168\u7684\u4ef7\u683c\u516c\u5e73\u53ef\u80fd\u9002\u5f97\u5176\u53cd\uff1a\u4f01\u4e1a\u4eec\u80fd\u501f\u6b64\u96c6\u4f53\u62ac\u9ad8\u7b97\u6cd5\u8bbe\u5b9a\u7684\u4ef7\u683c\uff0c\u5f62\u6210\u9690\u6027\u5408\u8c0b\uff0c\u6700\u7ec8\u5c06\u8d1f\u9762\u5f71\u54cd\u8f6c\u5ac1\u7ed9\u6d88\u8d39\u8005\u3002\u4e8b\u5b9e\u4e0a\uff0c\u7ee7\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\u9881\u5e03\u7981\u4ee4\u540e\u4e0d\u4e45\uff0c\u82f1\u56fd\u7684\u5bb6\u5ead\u548c\u6c7d\u8f66\u4fdd\u9669\u4ef7\u683c\u51fa\u73b0\u4e86\u516b\u5e74\u591a\u6765\u6700\u5927\u7684\u73af\u6bd4\u6da8\u5e45\u3010\u6ce8 5\u3011\u3002\u8fd9\u79cd\u5dee\u5f02\u63d0\u9192\u76d1\u7ba1\u8005\uff0c\u6709\u65f6\u5019\uff0c\u5b8c\u7f8e\u7684\u4ef7\u683c\u516c\u5e73\u548c\u5b8c\u5168\u7684\u7ade\u4e89\u5e02\u573a\u662f\u76f8\u4e92\u77db\u76fe\u7684\u2014\u2014\u7981\u6b62\u4ef7\u683c\u6b67\u89c6\u7684\u884c\u4e3a\u53ef\u80fd\u4f1a\u6309\u4e0b\u846b\u82a6\u6d6e\u8d77\u74e2\uff0c\u963b\u788d\u4e86\u5e02\u573a\u7684\u826f\u6027\u7ade\u4e89\u3002\u7531\u6b64\u53ef\u89c1\uff0c\u76d1\u7ba1\u8005\u5728\u5e94\u5bf9\u7b97\u6cd5\u5b9a\u4ef7\u5e26\u6765\u7684\u8bf8\u822c\u793e\u4f1a\u8bae\u9898\u65f6\uff0c\u5fc5\u987b\u5ba1\u52bf\u800c\u884c\uff0c\u907f\u514d\u7275\u4e00\u53d1\u800c\u52a8\u5168\u8eab\u3002 \u76d1\u7ba1\u672a\u6765\uff1a\u53cc\u7ba1\u9f50\u4e0b\u6807\u672c\u517c\u6cbb \u5f53\u4f01\u4e1a\u5b9a\u4ef7\u7b97\u6cd5\u8d8a\u6765\u8d8a\u7cbe\u7ec6\uff0c\u89c4\u5236\u5b9a\u4ef7\u7b97\u6cd5\u5e26\u6765\u7684\u6b67\u89c6\u548c\u9690\u6027\u5408\u8c0b\u95ee\u9898\u4e5f\u9700\u8981\u66f4\u7cbe\u51c6\u7684\u4e3e\u63aa\u3002\u7b14\u8005\u7684\u7814\u7a76\u63d0\u4f9b\u4e24\u79cd\u53ef\u884c\u7684\u89c4\u5236\u8def\u5f84\uff1a \u9996\u5148\uff0c\u9650\u5236\u7b97\u6cd5\u6b67\u89c6\u76f8\u6bd4\u7981\u6b62\u7b97\u6cd5\u6b67\u89c6\u66f4\u4e3a\u7a33\u59a5\u53ef\u884c\uff0c\u8fd9\u79cd\u505a\u6cd5\u53ef\u4ee5\u901a\u8fc7\u4fc3\u8fdb\u7ade\u4e89\u6765\u6291\u5236\u4f01\u4e1a\u53c2\u4e0e\u4ef7\u683c\u5408\u8c0b\u7684\u80fd\u529b\uff0c\u5e76\u4e14\u8f83\u653e\u4efb\u81ea\u6d41\u6216\u8005\u5b8c\u5168\u7981\u6b62\u8fd9\u4e24\u79cd\u975e\u6b64\u5373\u5f7c\u7684\u7b56\u7565\uff0c\u66f4\u80fd\u63d0\u9ad8\u793e\u4f1a\u798f\u5229\uff1b\u5176\u6b21\uff0c\u76f8\u6bd4\u8ffd\u6c42\u4e00\u4e2a\u7edd\u5bf9\u7684\u4ef7\u683c\u516c\u5e73\uff0c\u76d1\u7ba1\u8005\u53ef\u4ee5\u8003\u8651\u9881\u5e03\u968f\u673a\u5316\u7684\u4ef7\u683c\u89c4\u5236\uff0c\u5373\u4ee5\u4e00\u5b9a\u6982\u7387\u51b3\u5b9a\u65bd\u4e0d\u65bd\u52a0\u4ef7\u683c\u516c\u5e73\u3002\u8fd9\u79cd\u968f\u673a\u5316\u7684\u89c4\u5236\u53ef\u4ee5\u4fc3\u8fdb\u5b9e\u8df5\u4e00\u4e2a\u8f83\u9ad8\u7a0b\u5ea6\u7684\u4ef7\u683c\u516c\u5e73\uff0c\u540c\u65f6\u524a\u5f31\u4f01\u4e1a\u5408\u8c0b\u7684\u53ef\u80fd\u6027\u3002\u6b64\u5916\uff0c\u672c\u7814\u7a76\u8fd8\u5f3a\u8c03\uff0c\u76d1\u7ba1\u8005\u5e94\u5f53\u4f9d\u8d56\u66f4\u5148\u8fdb\u7684\u6280\u672f\u624b\u6bb5\uff0c\u52a0\u5f3a\u5bf9\u4f01\u4e1a\u5b9a\u4ef7\u7b97\u6cd5\u7684\u5ba1\u8ba1\uff0c\u63d0\u9ad8\u7b97\u6cd5\u900f\u660e\u5ea6\u3002\u53ea\u6709\u5bf9\u6ee5\u7528\u7b97\u6cd5\u8fdb\u884c\u6b67\u89c6\u6027\u548c\u63a0\u593a\u6027\u5b9a\u4ef7\u7684\u884c\u4e3a\u53cc\u7ba1\u9f50\u4e0b\uff0c\u517c\u987e\u516c\u5e73\u4e0e\u53cd\u5784\u65ad\uff0c\u624d\u80fd\u786e\u4fdd\u5168\u793e\u4f1a\u80fd\u5171\u4eab\u7531\u4f01\u4e1a\u53d1\u5c55\u4ea7\u54c1\u8fdb\u6b65\u6240\u5e26\u6765\u7684\u6280\u672f\u7ea2\u5229\u3002 \u672c\u6587\u4f5c\u8005\u4e3a\u6e2f\u5927\u7ecf\u7ba1\u5b66\u9662\u521b\u65b0\u53ca\u8d44\u8baf\u7ba1\u7406\u5b66\u52a9\u7406\u6559\u6388\u96f7\u9a81\u3001\u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u52a9\u7406\u6559\u6388\u9ad8\u54c1\u53ca\u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u535a\u58eb\u751f\u6768\u5b97\u68ee\u3002\u6587\u7ae0\u57fa\u4e8e\u4e09\u4f4d\u6700\u8fd1\u5171\u540c\u64b0\u5199\u7684\u8bba\u6587\uff1a\u201cRegulating Discriminatory Pricing in the Presence of Tacit Collusion\u201d\u3002 \u3010\u6ce8 1\u3011\uff1ahttps:\/\/www.justice.gov\/opa\/pr\/justice-department-and-federal-trade-commission-file-statement-interest-hotel-room \u3010\u6ce8 2\u3011\uff1ahttps:\/\/www.fca.org.uk\/publication\/discussion\/dp18-09.pdf \u3010\u6ce8 3\u3011\uff1ahttps:\/\/www.bbc.com\/news\/business-57270415 \u3010\u6ce8 4\u3011\uff1ahttps:\/\/technode.com\/2021\/07\/15\/regulators-target-price-discrimination \u3010\u6ce8 5\u3011\uff1ahttps:\/\/www.raconteur.net\/finance\/fca-ban-price-walking-rebound-consumers \u96f7\u9a81\u535a\u58eb \u6e2f\u5927\u7ecf\u7ba1\u5b66\u9662\u521b\u65b0\u53ca\u8d44\u8baf\u7ba1\u7406\u5b66\u52a9\u7406\u6559\u6388 \u9ad8\u54c1\u535a\u58eb \u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u52a9\u7406\u6559\u6388 \u6768\u5b97\u68ee\u5148\u751f \u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u535a\u58eb\u751f \uff08\u672c\u6587\u540c\u65f6\u4e8e\u4e8c\u96f6\u4e8c\u56db\u5e74\u4e5d\u6708\u516d\u65e5\u8f7d\u4e8e\u300aFT\u4e2d\u6587\u7f51\u300b\u201c\u660e\u5fb7\u5546\u8bba\u201d\u4e13\u680f\uff09","canonical_url":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/ft-chinese-column\/the-dark-side-of-algorithm-from-big-data-driven-price-discrimination-to-tacit-collusion\/","robots":"max-image-preview:large","keywords":"","webmasterTools":{"google-site-verification":"google-site-verification=MjdkluDgHpNk2vz5slbwER2Gusw2rUDQuVULMERWzLo","miscellaneous":""},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BreadcrumbList","@id":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/ft-chinese-column\/the-dark-side-of-algorithm-from-big-data-driven-price-discrimination-to-tacit-collusion\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/www.hkubs.hku.hk\/sc\/#listItem","position":1,"name":"Home","item":"https:\/\/www.hkubs.hku.hk\/sc\/","nextItem":{"@type":"ListItem","@id":"https:\/\/www.hkubs.hku.hk\/sc\/thought-leadership\/ft-chinese-column-sc\/#listItem","name":"\u660e\u5fb7\u5546\u8bba"}},{"@type":"ListItem","@id":"https:\/\/www.hkubs.hku.hk\/sc\/thought-leadership\/ft-chinese-column-sc\/#listItem","position":2,"name":"\u660e\u5fb7\u5546\u8bba","item":"https:\/\/www.hkubs.hku.hk\/sc\/thought-leadership\/ft-chinese-column-sc\/","nextItem":{"@type":"ListItem","@id":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/ft-chinese-column\/the-dark-side-of-algorithm-from-big-data-driven-price-discrimination-to-tacit-collusion\/#listItem","name":"\u7b97\u6cd5\u5b6a\u751f\uff1a\u4ece\u5927\u6570\u636e\u6740\u719f\u5230\u9690\u6027\u5408\u8c0b"},"previousItem":{"@type":"ListItem","@id":"https:\/\/www.hkubs.hku.hk\/sc\/#listItem","name":"Home"}},{"@type":"ListItem","@id":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/ft-chinese-column\/the-dark-side-of-algorithm-from-big-data-driven-price-discrimination-to-tacit-collusion\/#listItem","position":3,"name":"\u7b97\u6cd5\u5b6a\u751f\uff1a\u4ece\u5927\u6570\u636e\u6740\u719f\u5230\u9690\u6027\u5408\u8c0b","previousItem":{"@type":"ListItem","@id":"https:\/\/www.hkubs.hku.hk\/sc\/thought-leadership\/ft-chinese-column-sc\/#listItem","name":"\u660e\u5fb7\u5546\u8bba"}}]},{"@type":"Organization","@id":"https:\/\/www.hkubs.hku.hk\/sc\/#organization","name":"HKU Business School","url":"https:\/\/www.hkubs.hku.hk\/sc\/"},{"@type":"WebPage","@id":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/ft-chinese-column\/the-dark-side-of-algorithm-from-big-data-driven-price-discrimination-to-tacit-collusion\/#webpage","url":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/ft-chinese-column\/the-dark-side-of-algorithm-from-big-data-driven-price-discrimination-to-tacit-collusion\/","name":"\u7b97\u6cd5\u5b6a\u751f\uff1a\u4ece\u5927\u6570\u636e\u6740\u719f\u5230\u9690\u6027\u5408\u8c0b - HKU Business School","description":"\u5b66\u8005\u7814\u7a76\u53d1\u73b0\uff0c\u5411\u4f01\u4e1a\u65bd\u52a0\u5b8c\u5168\u7684\u4ef7\u683c\u516c\u5e73\u53ef\u80fd\u9002\u5f97\u5176\u53cd\uff0c\u5f62\u6210\u9690\u6027\u5408\u8c0b\uff0c\u6700\u7ec8\u5c06\u8d1f\u9762\u5f71\u54cd\u8f6c\u5ac1\u7ed9\u6d88\u8d39\u8005\u3002 \u5728\u5927\u6570\u636e\u7684\u6d6a\u6f6e\u4e0b\uff0c\u4f01\u4e1a\u642d\u5efa\u65e5\u76ca\u590d\u6742\u7684\u5148\u8fdb\u7b97\u6cd5\uff0c\u5c06\u6d88\u8d39\u8005\u5206\u7c7b\uff0c\u5236\u5b9a\u4e0d\u540c\u4ef7\u683c\uff0c\u76ee\u7684\u5728\u4e8e\u8bc6\u522b\u5e76\u9501\u5b9a\u5fe0\u5b9e\u5ba2\u6237\uff0c\u5411\u4ed6\u4eec\u6536\u53d6\u6b67\u89c6\u6027\u7684\u9ad8\u4ef7\u3002\u8fd9\u4e00\u505a\u6cd5\u5f15\u53d1\u4e86\u5404\u56fd\u76d1\u7ba1\u8005\u7684\u5173\u6ce8\uff0c\u4ee4\u4ed6\u4eec\u7eb7\u7eb7\u62df\u5b9a\u6216\u51fa\u53f0\u6cd5\u4ee4\uff0c\u8bd5\u56fe\u9650\u5236\u4f01\u4e1a\u7684\u6b67\u89c6\u6027\u5b9a\u4ef7\u884c\u4e3a\uff0c\u4ee5\u4fc3\u8fdb\u6d88\u8d39\u8005\u95f4\u7684\u4ef7\u683c\u516c\u5e73\u3002\u7136\u800c\uff0c\u8ffd\u6c42\u4ef7\u683c\u516c\u5e73\u7684\u540c\u65f6\uff0c\u4e00\u4e2a\u66f4\u4e3a\u9690\u853d\u7684\u98ce\u9669\u9010\u6e10\u6d6e\u73b0\uff1a\u4f01\u4e1a\u53ef\u80fd\u4f1a\u5229\u7528\u5b9a\u4ef7\u7b97\u6cd5\u8fbe\u6210\u9690\u6027\u5408\u8c0b\uff0c\u4ece\u800c\u5728\u7ade\u4e89\u5e02\u573a\u4e2d\u7ef4\u6301\u5784\u65ad\u4ef7\u683c\u3010\u6ce8 1\u3011\u3002\u5c3d\u7ba1\u8bb8\u591a\u76d1\u7ba1\u673a\u6784\u9ad8\u5ea6\u5173\u6ce8\u7b97\u6cd5\u6b67\u89c6\u548c\u7b97\u6cd5\u5408\u8c0b\uff0c\u4f46\u9c9c\u6709\u7814\u7a76\u5173\u6ce8\u4e8c\u8005\u4e4b\u95f4\u7684\u91cd\u8981\u5173\u8054\u3002\u4e3a\u6b64\uff0c\u7b14\u8005\u5c31\u8fd9\u4e00\u95ee\u9898\u8fdb\u884c\u6df1\u5165\u5256\u6790\uff0c\u5e76\u63d0\u51fa\u91cd\u8981\u7684\u653f\u7b56\u5efa\u8bae\uff0c\u4e3a\u5982\u4f55\u5e94\u5bf9\u7b97\u6cd5\u6b67\u89c6\u4e0e\u7b97\u6cd5\u5408\u8c0b\u63d0\u4f9b\u65b0\u7684\u601d\u8def\u3002 \u76d1\u7ba1\u7a98\u5883\uff1a\u6309\u4e0b\u846b\u82a6\u6d6e\u8d77\u74e2 2018\u5e74\uff0c\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\uff08Financial Conduct Authority\uff09\u53d1\u5e03\u4e00\u5219\u62a5\u544a\uff0c\u6307\u82f1\u56fd\u91d1\u878d\u670d\u52a1\u884c\u4e1a\u666e\u904d\u548c\u5e7f\u6cdb\u5b58\u5728 \u201c\u5fe0\u8bda\u5ea6\u60e9\u7f5a\u201d\uff0c\u5373\u5fe0\u8bda\u7528\u6237\u5728\u7eed\u7b7e\u670d\u52a1\u5408\u540c\u65f6\u672a\u80fd\u4eab\u53d7\u4f18\u60e0\u4ef7\u683c\u3010\u6ce8 2\u3011\u3002\u5373\u4fbf\u8fd9\u4e9b\u5fe0\u5b9e\u7528\u6237\u7684\u98ce\u9669\u6c34\u5e73\u5e76\u672a\u589e\u52a0\uff0c\u4fdd\u9669\u516c\u53f8\u4f9d\u65e7\u4f1a\u5411\u4ed6\u4eec\u6536\u53d6\u9ad8\u6602\u7684\u4fdd\u8d39\u3002\u8fd9\u79cd\u505a\u6cd5\u5f80\u5f80\u4ee4\u8fd9\u4e9b\u5fe0\u5b9e\u5ba2\u6237\u5904\u4e8e\u66f4\u4e0d\u5229\u7684\u4f4d\u7f6e\u3010\u6ce8 3\u3011\u30022021\u5e74\uff0c\u4e2d\u56fd\u6d59\u6c5f\u7701\u4e00\u5bb6\u6cd5\u9662\u652f\u6301\u4e00\u4f4d\u643a\u7a0b\u7684\u4f1a\u5458\u7528\u6237\uff0c\u5bf9\u8be5\u65c5\u6e38\u5e73\u53f0\u6d89\u5acc\u4ef7\u683c\u6b67\u89c6\u7684\u63a7\u8bc9\uff0c\u56e0\u643a\u7a0b\u5411\u8be5\u4f4d\u201c\u94bb\u77f3\u4f1a\u5458\u201d\uff0c\u6536\u53d6\u6bd4\u9152\u5e97\u5b9e\u9645\u4ef7\u683c\u8d35\u4e00\u500d\u7684\u623f\u8d39\u3002\u7c7b\u4f3c\u7684\u5927\u6570\u636e\u201c\u6740\u719f\u201d\u505a\u6cd5\u4e5f\u53d7\u5230\u4f17\u591a\u4e2d\u56fd\u6d88\u8d39\u8005\u7684\u62a8\u51fb\u3010\u6ce8 4\u3011\u3002\u6709\u9274\u4e8e\u6b64\uff0c\u4e2d\u56fd\u6587\u65c5\u90e8\u4e8e2020\u5e74\u53d1\u5e03\u65b0\u89c4\u5b9a\uff0c\u7981\u6b62\u5728\u7ebf\u9884\u8ba2\u5e73\u53f0\u5bf9\u7528\u6237\u7684\u201c\u6740\u719f\u201d\u884c\u4e3a\uff1b\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\u4ea6\u4e8e2022\u5e74\u5b9e\u65bd\u65b0\u89c4\u5219\uff0c\u4e25\u7981\u4fdd\u9669\u884c\u4e1a\u4e3a\u5ba2\u6237\u7eed\u4fdd\u5bb6\u5ead\u6216\u6c7d\u8f66\u4fdd\u9669\u65f6\uff0c\u62a5\u51fa\u8f83\u65b0\u5ba2\u6237\u66f4\u9ad8\u7684\u4ef7\u683c\u3002 \u4f46\u662f\uff0c\u7b14\u8005\u53d1\u73b0\uff0c\u5c3d\u7ba1\u4e8c\u8005\u653f\u7b56\u610f\u56fe\u548c\u89c4\u5236\u624b\u6bb5\u57fa\u672c\u4e00\u81f4\uff0c\u4f46\u5176\u7ecf\u6d4e\u5f71\u54cd\u53ef\u80fd\u5927\u76f8\u5f84\u5ead\u3002\u5bf9\u4e8e\u673a\u7968\u9152\u5e97\u9884\u8ba2\u884c\u4e1a\uff0c\u666e\u904d\u662f\u76f8\u540c\u7684\u9152\u5e97\u7c7b\u578b\u7531\u591a\u4e2a\u5e73\u53f0\u8fdb\u884c\u5206\u9500\uff0c\u56e0\u6b64\u5bf9\u4e8e\u4e0d\u540c\u65c5\u6e38\u5e73\u53f0\u63d0\u4f9b\u7684\u4ea7\u54c1\u5f80\u5f80\u540c\u8d28\u5316\u7a0b\u5ea6\u9ad8\uff0c\u7ade\u4e89\u4e5f\u76f8\u5bf9\u6fc0\u70c8\u3002\u9488\u5bf9\u8fd9\u4e9b\u540c\u8d28\u5316\u7a0b\u5ea6\u9ad8\u7684\u884c\u4e1a\uff0c\u7981\u6b62\u4ef7\u683c\u6b67\u89c6\u5f80\u5f80\u80fd\u4fc3\u8fdb\u6d88\u8d39\u8005\u5269\u4f59\uff0c\u751a\u81f3\u80fd\u8fdb\u4e00\u6b65\u904f\u6b62\u4f01\u4e1a\u6f5c\u5728\u7684\u4ef7\u683c\u5408\u8c0b\u3002\u7136\u800c\uff0c\u5bf9\u4e8e\u4fdd\u9669\u5e02\u573a\uff0c\u4e0d\u540c\u4f01\u4e1a\u5f80\u5f80\u4f1a\u8bbe\u5b9a\u6761\u6b3e\u3001\u6548\u529b\u3001\u65e5\u671f\u4e0d\u540c\u7684\u4ea7\u54c1\uff0c\u4ee5\u671f\u548c\u5bf9\u624b\u5b9e\u73b0\u5dee\u5f02\u5316\u7684\u7ade\u4e89\u3002\u5bf9\u4e8e\u8fd9\u4e9b\u5dee\u5f02\u5316\u7a0b\u5ea6\u9ad8\u7684\u5e02\u573a\uff0c\u65bd\u52a0\u5b8c\u5168\u7684\u4ef7\u683c\u516c\u5e73\u53ef\u80fd\u9002\u5f97\u5176\u53cd\uff1a\u4f01\u4e1a\u4eec\u80fd\u501f\u6b64\u96c6\u4f53\u62ac\u9ad8\u7b97\u6cd5\u8bbe\u5b9a\u7684\u4ef7\u683c\uff0c\u5f62\u6210\u9690\u6027\u5408\u8c0b\uff0c\u6700\u7ec8\u5c06\u8d1f\u9762\u5f71\u54cd\u8f6c\u5ac1\u7ed9\u6d88\u8d39\u8005\u3002\u4e8b\u5b9e\u4e0a\uff0c\u7ee7\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\u9881\u5e03\u7981\u4ee4\u540e\u4e0d\u4e45\uff0c\u82f1\u56fd\u7684\u5bb6\u5ead\u548c\u6c7d\u8f66\u4fdd\u9669\u4ef7\u683c\u51fa\u73b0\u4e86\u516b\u5e74\u591a\u6765\u6700\u5927\u7684\u73af\u6bd4\u6da8\u5e45\u3010\u6ce8 5\u3011\u3002\u8fd9\u79cd\u5dee\u5f02\u63d0\u9192\u76d1\u7ba1\u8005\uff0c\u6709\u65f6\u5019\uff0c\u5b8c\u7f8e\u7684\u4ef7\u683c\u516c\u5e73\u548c\u5b8c\u5168\u7684\u7ade\u4e89\u5e02\u573a\u662f\u76f8\u4e92\u77db\u76fe\u7684\u2014\u2014\u7981\u6b62\u4ef7\u683c\u6b67\u89c6\u7684\u884c\u4e3a\u53ef\u80fd\u4f1a\u6309\u4e0b\u846b\u82a6\u6d6e\u8d77\u74e2\uff0c\u963b\u788d\u4e86\u5e02\u573a\u7684\u826f\u6027\u7ade\u4e89\u3002\u7531\u6b64\u53ef\u89c1\uff0c\u76d1\u7ba1\u8005\u5728\u5e94\u5bf9\u7b97\u6cd5\u5b9a\u4ef7\u5e26\u6765\u7684\u8bf8\u822c\u793e\u4f1a\u8bae\u9898\u65f6\uff0c\u5fc5\u987b\u5ba1\u52bf\u800c\u884c\uff0c\u907f\u514d\u7275\u4e00\u53d1\u800c\u52a8\u5168\u8eab\u3002 \u76d1\u7ba1\u672a\u6765\uff1a\u53cc\u7ba1\u9f50\u4e0b\u6807\u672c\u517c\u6cbb \u5f53\u4f01\u4e1a\u5b9a\u4ef7\u7b97\u6cd5\u8d8a\u6765\u8d8a\u7cbe\u7ec6\uff0c\u89c4\u5236\u5b9a\u4ef7\u7b97\u6cd5\u5e26\u6765\u7684\u6b67\u89c6\u548c\u9690\u6027\u5408\u8c0b\u95ee\u9898\u4e5f\u9700\u8981\u66f4\u7cbe\u51c6\u7684\u4e3e\u63aa\u3002\u7b14\u8005\u7684\u7814\u7a76\u63d0\u4f9b\u4e24\u79cd\u53ef\u884c\u7684\u89c4\u5236\u8def\u5f84\uff1a \u9996\u5148\uff0c\u9650\u5236\u7b97\u6cd5\u6b67\u89c6\u76f8\u6bd4\u7981\u6b62\u7b97\u6cd5\u6b67\u89c6\u66f4\u4e3a\u7a33\u59a5\u53ef\u884c\uff0c\u8fd9\u79cd\u505a\u6cd5\u53ef\u4ee5\u901a\u8fc7\u4fc3\u8fdb\u7ade\u4e89\u6765\u6291\u5236\u4f01\u4e1a\u53c2\u4e0e\u4ef7\u683c\u5408\u8c0b\u7684\u80fd\u529b\uff0c\u5e76\u4e14\u8f83\u653e\u4efb\u81ea\u6d41\u6216\u8005\u5b8c\u5168\u7981\u6b62\u8fd9\u4e24\u79cd\u975e\u6b64\u5373\u5f7c\u7684\u7b56\u7565\uff0c\u66f4\u80fd\u63d0\u9ad8\u793e\u4f1a\u798f\u5229\uff1b\u5176\u6b21\uff0c\u76f8\u6bd4\u8ffd\u6c42\u4e00\u4e2a\u7edd\u5bf9\u7684\u4ef7\u683c\u516c\u5e73\uff0c\u76d1\u7ba1\u8005\u53ef\u4ee5\u8003\u8651\u9881\u5e03\u968f\u673a\u5316\u7684\u4ef7\u683c\u89c4\u5236\uff0c\u5373\u4ee5\u4e00\u5b9a\u6982\u7387\u51b3\u5b9a\u65bd\u4e0d\u65bd\u52a0\u4ef7\u683c\u516c\u5e73\u3002\u8fd9\u79cd\u968f\u673a\u5316\u7684\u89c4\u5236\u53ef\u4ee5\u4fc3\u8fdb\u5b9e\u8df5\u4e00\u4e2a\u8f83\u9ad8\u7a0b\u5ea6\u7684\u4ef7\u683c\u516c\u5e73\uff0c\u540c\u65f6\u524a\u5f31\u4f01\u4e1a\u5408\u8c0b\u7684\u53ef\u80fd\u6027\u3002\u6b64\u5916\uff0c\u672c\u7814\u7a76\u8fd8\u5f3a\u8c03\uff0c\u76d1\u7ba1\u8005\u5e94\u5f53\u4f9d\u8d56\u66f4\u5148\u8fdb\u7684\u6280\u672f\u624b\u6bb5\uff0c\u52a0\u5f3a\u5bf9\u4f01\u4e1a\u5b9a\u4ef7\u7b97\u6cd5\u7684\u5ba1\u8ba1\uff0c\u63d0\u9ad8\u7b97\u6cd5\u900f\u660e\u5ea6\u3002\u53ea\u6709\u5bf9\u6ee5\u7528\u7b97\u6cd5\u8fdb\u884c\u6b67\u89c6\u6027\u548c\u63a0\u593a\u6027\u5b9a\u4ef7\u7684\u884c\u4e3a\u53cc\u7ba1\u9f50\u4e0b\uff0c\u517c\u987e\u516c\u5e73\u4e0e\u53cd\u5784\u65ad\uff0c\u624d\u80fd\u786e\u4fdd\u5168\u793e\u4f1a\u80fd\u5171\u4eab\u7531\u4f01\u4e1a\u53d1\u5c55\u4ea7\u54c1\u8fdb\u6b65\u6240\u5e26\u6765\u7684\u6280\u672f\u7ea2\u5229\u3002 \u672c\u6587\u4f5c\u8005\u4e3a\u6e2f\u5927\u7ecf\u7ba1\u5b66\u9662\u521b\u65b0\u53ca\u8d44\u8baf\u7ba1\u7406\u5b66\u52a9\u7406\u6559\u6388\u96f7\u9a81\u3001\u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u52a9\u7406\u6559\u6388\u9ad8\u54c1\u53ca\u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u535a\u58eb\u751f\u6768\u5b97\u68ee\u3002\u6587\u7ae0\u57fa\u4e8e\u4e09\u4f4d\u6700\u8fd1\u5171\u540c\u64b0\u5199\u7684\u8bba\u6587\uff1a\u201cRegulating Discriminatory Pricing in the Presence of Tacit Collusion\u201d\u3002 \u3010\u6ce8 1\u3011\uff1ahttps:\/\/www.justice.gov\/opa\/pr\/justice-department-and-federal-trade-commission-file-statement-interest-hotel-room \u3010\u6ce8 2\u3011\uff1ahttps:\/\/www.fca.org.uk\/publication\/discussion\/dp18-09.pdf \u3010\u6ce8 3\u3011\uff1ahttps:\/\/www.bbc.com\/news\/business-57270415 \u3010\u6ce8 4\u3011\uff1ahttps:\/\/technode.com\/2021\/07\/15\/regulators-target-price-discrimination \u3010\u6ce8 5\u3011\uff1ahttps:\/\/www.raconteur.net\/finance\/fca-ban-price-walking-rebound-consumers \u96f7\u9a81\u535a\u58eb \u6e2f\u5927\u7ecf\u7ba1\u5b66\u9662\u521b\u65b0\u53ca\u8d44\u8baf\u7ba1\u7406\u5b66\u52a9\u7406\u6559\u6388 \u9ad8\u54c1\u535a\u58eb \u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u52a9\u7406\u6559\u6388 \u6768\u5b97\u68ee\u5148\u751f \u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u535a\u58eb\u751f \uff08\u672c\u6587\u540c\u65f6\u4e8e\u4e8c\u96f6\u4e8c\u56db\u5e74\u4e5d\u6708\u516d\u65e5\u8f7d\u4e8e\u300aFT\u4e2d\u6587\u7f51\u300b\u201c\u660e\u5fb7\u5546\u8bba\u201d\u4e13\u680f\uff09","inLanguage":"zh-CN","isPartOf":{"@id":"https:\/\/www.hkubs.hku.hk\/sc\/#website"},"breadcrumb":{"@id":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/ft-chinese-column\/the-dark-side-of-algorithm-from-big-data-driven-price-discrimination-to-tacit-collusion\/#breadcrumblist"},"datePublished":"2024-09-06T18:24:57+08:00","dateModified":"2025-10-24T18:04:37+08:00"},{"@type":"WebSite","@id":"https:\/\/www.hkubs.hku.hk\/sc\/#website","url":"https:\/\/www.hkubs.hku.hk\/sc\/","name":"HKU Business School","inLanguage":"zh-CN","publisher":{"@id":"https:\/\/www.hkubs.hku.hk\/sc\/#organization"}}]},"og:locale":"en_US","og:site_name":"HKU Business School -","og:type":"article","og:title":"\u7b97\u6cd5\u5b6a\u751f\uff1a\u4ece\u5927\u6570\u636e\u6740\u719f\u5230\u9690\u6027\u5408\u8c0b - HKU Business School","og:description":"\u5b66\u8005\u7814\u7a76\u53d1\u73b0\uff0c\u5411\u4f01\u4e1a\u65bd\u52a0\u5b8c\u5168\u7684\u4ef7\u683c\u516c\u5e73\u53ef\u80fd\u9002\u5f97\u5176\u53cd\uff0c\u5f62\u6210\u9690\u6027\u5408\u8c0b\uff0c\u6700\u7ec8\u5c06\u8d1f\u9762\u5f71\u54cd\u8f6c\u5ac1\u7ed9\u6d88\u8d39\u8005\u3002 \u5728\u5927\u6570\u636e\u7684\u6d6a\u6f6e\u4e0b\uff0c\u4f01\u4e1a\u642d\u5efa\u65e5\u76ca\u590d\u6742\u7684\u5148\u8fdb\u7b97\u6cd5\uff0c\u5c06\u6d88\u8d39\u8005\u5206\u7c7b\uff0c\u5236\u5b9a\u4e0d\u540c\u4ef7\u683c\uff0c\u76ee\u7684\u5728\u4e8e\u8bc6\u522b\u5e76\u9501\u5b9a\u5fe0\u5b9e\u5ba2\u6237\uff0c\u5411\u4ed6\u4eec\u6536\u53d6\u6b67\u89c6\u6027\u7684\u9ad8\u4ef7\u3002\u8fd9\u4e00\u505a\u6cd5\u5f15\u53d1\u4e86\u5404\u56fd\u76d1\u7ba1\u8005\u7684\u5173\u6ce8\uff0c\u4ee4\u4ed6\u4eec\u7eb7\u7eb7\u62df\u5b9a\u6216\u51fa\u53f0\u6cd5\u4ee4\uff0c\u8bd5\u56fe\u9650\u5236\u4f01\u4e1a\u7684\u6b67\u89c6\u6027\u5b9a\u4ef7\u884c\u4e3a\uff0c\u4ee5\u4fc3\u8fdb\u6d88\u8d39\u8005\u95f4\u7684\u4ef7\u683c\u516c\u5e73\u3002\u7136\u800c\uff0c\u8ffd\u6c42\u4ef7\u683c\u516c\u5e73\u7684\u540c\u65f6\uff0c\u4e00\u4e2a\u66f4\u4e3a\u9690\u853d\u7684\u98ce\u9669\u9010\u6e10\u6d6e\u73b0\uff1a\u4f01\u4e1a\u53ef\u80fd\u4f1a\u5229\u7528\u5b9a\u4ef7\u7b97\u6cd5\u8fbe\u6210\u9690\u6027\u5408\u8c0b\uff0c\u4ece\u800c\u5728\u7ade\u4e89\u5e02\u573a\u4e2d\u7ef4\u6301\u5784\u65ad\u4ef7\u683c\u3010\u6ce8 1\u3011\u3002\u5c3d\u7ba1\u8bb8\u591a\u76d1\u7ba1\u673a\u6784\u9ad8\u5ea6\u5173\u6ce8\u7b97\u6cd5\u6b67\u89c6\u548c\u7b97\u6cd5\u5408\u8c0b\uff0c\u4f46\u9c9c\u6709\u7814\u7a76\u5173\u6ce8\u4e8c\u8005\u4e4b\u95f4\u7684\u91cd\u8981\u5173\u8054\u3002\u4e3a\u6b64\uff0c\u7b14\u8005\u5c31\u8fd9\u4e00\u95ee\u9898\u8fdb\u884c\u6df1\u5165\u5256\u6790\uff0c\u5e76\u63d0\u51fa\u91cd\u8981\u7684\u653f\u7b56\u5efa\u8bae\uff0c\u4e3a\u5982\u4f55\u5e94\u5bf9\u7b97\u6cd5\u6b67\u89c6\u4e0e\u7b97\u6cd5\u5408\u8c0b\u63d0\u4f9b\u65b0\u7684\u601d\u8def\u3002 \u76d1\u7ba1\u7a98\u5883\uff1a\u6309\u4e0b\u846b\u82a6\u6d6e\u8d77\u74e2 2018\u5e74\uff0c\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\uff08Financial Conduct Authority\uff09\u53d1\u5e03\u4e00\u5219\u62a5\u544a\uff0c\u6307\u82f1\u56fd\u91d1\u878d\u670d\u52a1\u884c\u4e1a\u666e\u904d\u548c\u5e7f\u6cdb\u5b58\u5728 \u201c\u5fe0\u8bda\u5ea6\u60e9\u7f5a\u201d\uff0c\u5373\u5fe0\u8bda\u7528\u6237\u5728\u7eed\u7b7e\u670d\u52a1\u5408\u540c\u65f6\u672a\u80fd\u4eab\u53d7\u4f18\u60e0\u4ef7\u683c\u3010\u6ce8 2\u3011\u3002\u5373\u4fbf\u8fd9\u4e9b\u5fe0\u5b9e\u7528\u6237\u7684\u98ce\u9669\u6c34\u5e73\u5e76\u672a\u589e\u52a0\uff0c\u4fdd\u9669\u516c\u53f8\u4f9d\u65e7\u4f1a\u5411\u4ed6\u4eec\u6536\u53d6\u9ad8\u6602\u7684\u4fdd\u8d39\u3002\u8fd9\u79cd\u505a\u6cd5\u5f80\u5f80\u4ee4\u8fd9\u4e9b\u5fe0\u5b9e\u5ba2\u6237\u5904\u4e8e\u66f4\u4e0d\u5229\u7684\u4f4d\u7f6e\u3010\u6ce8 3\u3011\u30022021\u5e74\uff0c\u4e2d\u56fd\u6d59\u6c5f\u7701\u4e00\u5bb6\u6cd5\u9662\u652f\u6301\u4e00\u4f4d\u643a\u7a0b\u7684\u4f1a\u5458\u7528\u6237\uff0c\u5bf9\u8be5\u65c5\u6e38\u5e73\u53f0\u6d89\u5acc\u4ef7\u683c\u6b67\u89c6\u7684\u63a7\u8bc9\uff0c\u56e0\u643a\u7a0b\u5411\u8be5\u4f4d\u201c\u94bb\u77f3\u4f1a\u5458\u201d\uff0c\u6536\u53d6\u6bd4\u9152\u5e97\u5b9e\u9645\u4ef7\u683c\u8d35\u4e00\u500d\u7684\u623f\u8d39\u3002\u7c7b\u4f3c\u7684\u5927\u6570\u636e\u201c\u6740\u719f\u201d\u505a\u6cd5\u4e5f\u53d7\u5230\u4f17\u591a\u4e2d\u56fd\u6d88\u8d39\u8005\u7684\u62a8\u51fb\u3010\u6ce8 4\u3011\u3002\u6709\u9274\u4e8e\u6b64\uff0c\u4e2d\u56fd\u6587\u65c5\u90e8\u4e8e2020\u5e74\u53d1\u5e03\u65b0\u89c4\u5b9a\uff0c\u7981\u6b62\u5728\u7ebf\u9884\u8ba2\u5e73\u53f0\u5bf9\u7528\u6237\u7684\u201c\u6740\u719f\u201d\u884c\u4e3a\uff1b\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\u4ea6\u4e8e2022\u5e74\u5b9e\u65bd\u65b0\u89c4\u5219\uff0c\u4e25\u7981\u4fdd\u9669\u884c\u4e1a\u4e3a\u5ba2\u6237\u7eed\u4fdd\u5bb6\u5ead\u6216\u6c7d\u8f66\u4fdd\u9669\u65f6\uff0c\u62a5\u51fa\u8f83\u65b0\u5ba2\u6237\u66f4\u9ad8\u7684\u4ef7\u683c\u3002 \u4f46\u662f\uff0c\u7b14\u8005\u53d1\u73b0\uff0c\u5c3d\u7ba1\u4e8c\u8005\u653f\u7b56\u610f\u56fe\u548c\u89c4\u5236\u624b\u6bb5\u57fa\u672c\u4e00\u81f4\uff0c\u4f46\u5176\u7ecf\u6d4e\u5f71\u54cd\u53ef\u80fd\u5927\u76f8\u5f84\u5ead\u3002\u5bf9\u4e8e\u673a\u7968\u9152\u5e97\u9884\u8ba2\u884c\u4e1a\uff0c\u666e\u904d\u662f\u76f8\u540c\u7684\u9152\u5e97\u7c7b\u578b\u7531\u591a\u4e2a\u5e73\u53f0\u8fdb\u884c\u5206\u9500\uff0c\u56e0\u6b64\u5bf9\u4e8e\u4e0d\u540c\u65c5\u6e38\u5e73\u53f0\u63d0\u4f9b\u7684\u4ea7\u54c1\u5f80\u5f80\u540c\u8d28\u5316\u7a0b\u5ea6\u9ad8\uff0c\u7ade\u4e89\u4e5f\u76f8\u5bf9\u6fc0\u70c8\u3002\u9488\u5bf9\u8fd9\u4e9b\u540c\u8d28\u5316\u7a0b\u5ea6\u9ad8\u7684\u884c\u4e1a\uff0c\u7981\u6b62\u4ef7\u683c\u6b67\u89c6\u5f80\u5f80\u80fd\u4fc3\u8fdb\u6d88\u8d39\u8005\u5269\u4f59\uff0c\u751a\u81f3\u80fd\u8fdb\u4e00\u6b65\u904f\u6b62\u4f01\u4e1a\u6f5c\u5728\u7684\u4ef7\u683c\u5408\u8c0b\u3002\u7136\u800c\uff0c\u5bf9\u4e8e\u4fdd\u9669\u5e02\u573a\uff0c\u4e0d\u540c\u4f01\u4e1a\u5f80\u5f80\u4f1a\u8bbe\u5b9a\u6761\u6b3e\u3001\u6548\u529b\u3001\u65e5\u671f\u4e0d\u540c\u7684\u4ea7\u54c1\uff0c\u4ee5\u671f\u548c\u5bf9\u624b\u5b9e\u73b0\u5dee\u5f02\u5316\u7684\u7ade\u4e89\u3002\u5bf9\u4e8e\u8fd9\u4e9b\u5dee\u5f02\u5316\u7a0b\u5ea6\u9ad8\u7684\u5e02\u573a\uff0c\u65bd\u52a0\u5b8c\u5168\u7684\u4ef7\u683c\u516c\u5e73\u53ef\u80fd\u9002\u5f97\u5176\u53cd\uff1a\u4f01\u4e1a\u4eec\u80fd\u501f\u6b64\u96c6\u4f53\u62ac\u9ad8\u7b97\u6cd5\u8bbe\u5b9a\u7684\u4ef7\u683c\uff0c\u5f62\u6210\u9690\u6027\u5408\u8c0b\uff0c\u6700\u7ec8\u5c06\u8d1f\u9762\u5f71\u54cd\u8f6c\u5ac1\u7ed9\u6d88\u8d39\u8005\u3002\u4e8b\u5b9e\u4e0a\uff0c\u7ee7\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\u9881\u5e03\u7981\u4ee4\u540e\u4e0d\u4e45\uff0c\u82f1\u56fd\u7684\u5bb6\u5ead\u548c\u6c7d\u8f66\u4fdd\u9669\u4ef7\u683c\u51fa\u73b0\u4e86\u516b\u5e74\u591a\u6765\u6700\u5927\u7684\u73af\u6bd4\u6da8\u5e45\u3010\u6ce8 5\u3011\u3002\u8fd9\u79cd\u5dee\u5f02\u63d0\u9192\u76d1\u7ba1\u8005\uff0c\u6709\u65f6\u5019\uff0c\u5b8c\u7f8e\u7684\u4ef7\u683c\u516c\u5e73\u548c\u5b8c\u5168\u7684\u7ade\u4e89\u5e02\u573a\u662f\u76f8\u4e92\u77db\u76fe\u7684\u2014\u2014\u7981\u6b62\u4ef7\u683c\u6b67\u89c6\u7684\u884c\u4e3a\u53ef\u80fd\u4f1a\u6309\u4e0b\u846b\u82a6\u6d6e\u8d77\u74e2\uff0c\u963b\u788d\u4e86\u5e02\u573a\u7684\u826f\u6027\u7ade\u4e89\u3002\u7531\u6b64\u53ef\u89c1\uff0c\u76d1\u7ba1\u8005\u5728\u5e94\u5bf9\u7b97\u6cd5\u5b9a\u4ef7\u5e26\u6765\u7684\u8bf8\u822c\u793e\u4f1a\u8bae\u9898\u65f6\uff0c\u5fc5\u987b\u5ba1\u52bf\u800c\u884c\uff0c\u907f\u514d\u7275\u4e00\u53d1\u800c\u52a8\u5168\u8eab\u3002 \u76d1\u7ba1\u672a\u6765\uff1a\u53cc\u7ba1\u9f50\u4e0b\u6807\u672c\u517c\u6cbb \u5f53\u4f01\u4e1a\u5b9a\u4ef7\u7b97\u6cd5\u8d8a\u6765\u8d8a\u7cbe\u7ec6\uff0c\u89c4\u5236\u5b9a\u4ef7\u7b97\u6cd5\u5e26\u6765\u7684\u6b67\u89c6\u548c\u9690\u6027\u5408\u8c0b\u95ee\u9898\u4e5f\u9700\u8981\u66f4\u7cbe\u51c6\u7684\u4e3e\u63aa\u3002\u7b14\u8005\u7684\u7814\u7a76\u63d0\u4f9b\u4e24\u79cd\u53ef\u884c\u7684\u89c4\u5236\u8def\u5f84\uff1a \u9996\u5148\uff0c\u9650\u5236\u7b97\u6cd5\u6b67\u89c6\u76f8\u6bd4\u7981\u6b62\u7b97\u6cd5\u6b67\u89c6\u66f4\u4e3a\u7a33\u59a5\u53ef\u884c\uff0c\u8fd9\u79cd\u505a\u6cd5\u53ef\u4ee5\u901a\u8fc7\u4fc3\u8fdb\u7ade\u4e89\u6765\u6291\u5236\u4f01\u4e1a\u53c2\u4e0e\u4ef7\u683c\u5408\u8c0b\u7684\u80fd\u529b\uff0c\u5e76\u4e14\u8f83\u653e\u4efb\u81ea\u6d41\u6216\u8005\u5b8c\u5168\u7981\u6b62\u8fd9\u4e24\u79cd\u975e\u6b64\u5373\u5f7c\u7684\u7b56\u7565\uff0c\u66f4\u80fd\u63d0\u9ad8\u793e\u4f1a\u798f\u5229\uff1b\u5176\u6b21\uff0c\u76f8\u6bd4\u8ffd\u6c42\u4e00\u4e2a\u7edd\u5bf9\u7684\u4ef7\u683c\u516c\u5e73\uff0c\u76d1\u7ba1\u8005\u53ef\u4ee5\u8003\u8651\u9881\u5e03\u968f\u673a\u5316\u7684\u4ef7\u683c\u89c4\u5236\uff0c\u5373\u4ee5\u4e00\u5b9a\u6982\u7387\u51b3\u5b9a\u65bd\u4e0d\u65bd\u52a0\u4ef7\u683c\u516c\u5e73\u3002\u8fd9\u79cd\u968f\u673a\u5316\u7684\u89c4\u5236\u53ef\u4ee5\u4fc3\u8fdb\u5b9e\u8df5\u4e00\u4e2a\u8f83\u9ad8\u7a0b\u5ea6\u7684\u4ef7\u683c\u516c\u5e73\uff0c\u540c\u65f6\u524a\u5f31\u4f01\u4e1a\u5408\u8c0b\u7684\u53ef\u80fd\u6027\u3002\u6b64\u5916\uff0c\u672c\u7814\u7a76\u8fd8\u5f3a\u8c03\uff0c\u76d1\u7ba1\u8005\u5e94\u5f53\u4f9d\u8d56\u66f4\u5148\u8fdb\u7684\u6280\u672f\u624b\u6bb5\uff0c\u52a0\u5f3a\u5bf9\u4f01\u4e1a\u5b9a\u4ef7\u7b97\u6cd5\u7684\u5ba1\u8ba1\uff0c\u63d0\u9ad8\u7b97\u6cd5\u900f\u660e\u5ea6\u3002\u53ea\u6709\u5bf9\u6ee5\u7528\u7b97\u6cd5\u8fdb\u884c\u6b67\u89c6\u6027\u548c\u63a0\u593a\u6027\u5b9a\u4ef7\u7684\u884c\u4e3a\u53cc\u7ba1\u9f50\u4e0b\uff0c\u517c\u987e\u516c\u5e73\u4e0e\u53cd\u5784\u65ad\uff0c\u624d\u80fd\u786e\u4fdd\u5168\u793e\u4f1a\u80fd\u5171\u4eab\u7531\u4f01\u4e1a\u53d1\u5c55\u4ea7\u54c1\u8fdb\u6b65\u6240\u5e26\u6765\u7684\u6280\u672f\u7ea2\u5229\u3002 \u672c\u6587\u4f5c\u8005\u4e3a\u6e2f\u5927\u7ecf\u7ba1\u5b66\u9662\u521b\u65b0\u53ca\u8d44\u8baf\u7ba1\u7406\u5b66\u52a9\u7406\u6559\u6388\u96f7\u9a81\u3001\u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u52a9\u7406\u6559\u6388\u9ad8\u54c1\u53ca\u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u535a\u58eb\u751f\u6768\u5b97\u68ee\u3002\u6587\u7ae0\u57fa\u4e8e\u4e09\u4f4d\u6700\u8fd1\u5171\u540c\u64b0\u5199\u7684\u8bba\u6587\uff1a\u201cRegulating Discriminatory Pricing in the Presence of Tacit Collusion\u201d\u3002 \u3010\u6ce8 1\u3011\uff1ahttps:\/\/www.justice.gov\/opa\/pr\/justice-department-and-federal-trade-commission-file-statement-interest-hotel-room \u3010\u6ce8 2\u3011\uff1ahttps:\/\/www.fca.org.uk\/publication\/discussion\/dp18-09.pdf \u3010\u6ce8 3\u3011\uff1ahttps:\/\/www.bbc.com\/news\/business-57270415 \u3010\u6ce8 4\u3011\uff1ahttps:\/\/technode.com\/2021\/07\/15\/regulators-target-price-discrimination \u3010\u6ce8 5\u3011\uff1ahttps:\/\/www.raconteur.net\/finance\/fca-ban-price-walking-rebound-consumers \u96f7\u9a81\u535a\u58eb \u6e2f\u5927\u7ecf\u7ba1\u5b66\u9662\u521b\u65b0\u53ca\u8d44\u8baf\u7ba1\u7406\u5b66\u52a9\u7406\u6559\u6388 \u9ad8\u54c1\u535a\u58eb \u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u52a9\u7406\u6559\u6388 \u6768\u5b97\u68ee\u5148\u751f \u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u535a\u58eb\u751f \uff08\u672c\u6587\u540c\u65f6\u4e8e\u4e8c\u96f6\u4e8c\u56db\u5e74\u4e5d\u6708\u516d\u65e5\u8f7d\u4e8e\u300aFT\u4e2d\u6587\u7f51\u300b\u201c\u660e\u5fb7\u5546\u8bba\u201d\u4e13\u680f\uff09","og:url":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/ft-chinese-column\/the-dark-side-of-algorithm-from-big-data-driven-price-discrimination-to-tacit-collusion\/","article:published_time":"2024-09-06T10:24:57+00:00","article:modified_time":"2025-10-24T10:04:37+00:00","twitter:card":"summary_large_image","twitter:title":"\u7b97\u6cd5\u5b6a\u751f\uff1a\u4ece\u5927\u6570\u636e\u6740\u719f\u5230\u9690\u6027\u5408\u8c0b - HKU Business School","twitter:description":"\u5b66\u8005\u7814\u7a76\u53d1\u73b0\uff0c\u5411\u4f01\u4e1a\u65bd\u52a0\u5b8c\u5168\u7684\u4ef7\u683c\u516c\u5e73\u53ef\u80fd\u9002\u5f97\u5176\u53cd\uff0c\u5f62\u6210\u9690\u6027\u5408\u8c0b\uff0c\u6700\u7ec8\u5c06\u8d1f\u9762\u5f71\u54cd\u8f6c\u5ac1\u7ed9\u6d88\u8d39\u8005\u3002 \u5728\u5927\u6570\u636e\u7684\u6d6a\u6f6e\u4e0b\uff0c\u4f01\u4e1a\u642d\u5efa\u65e5\u76ca\u590d\u6742\u7684\u5148\u8fdb\u7b97\u6cd5\uff0c\u5c06\u6d88\u8d39\u8005\u5206\u7c7b\uff0c\u5236\u5b9a\u4e0d\u540c\u4ef7\u683c\uff0c\u76ee\u7684\u5728\u4e8e\u8bc6\u522b\u5e76\u9501\u5b9a\u5fe0\u5b9e\u5ba2\u6237\uff0c\u5411\u4ed6\u4eec\u6536\u53d6\u6b67\u89c6\u6027\u7684\u9ad8\u4ef7\u3002\u8fd9\u4e00\u505a\u6cd5\u5f15\u53d1\u4e86\u5404\u56fd\u76d1\u7ba1\u8005\u7684\u5173\u6ce8\uff0c\u4ee4\u4ed6\u4eec\u7eb7\u7eb7\u62df\u5b9a\u6216\u51fa\u53f0\u6cd5\u4ee4\uff0c\u8bd5\u56fe\u9650\u5236\u4f01\u4e1a\u7684\u6b67\u89c6\u6027\u5b9a\u4ef7\u884c\u4e3a\uff0c\u4ee5\u4fc3\u8fdb\u6d88\u8d39\u8005\u95f4\u7684\u4ef7\u683c\u516c\u5e73\u3002\u7136\u800c\uff0c\u8ffd\u6c42\u4ef7\u683c\u516c\u5e73\u7684\u540c\u65f6\uff0c\u4e00\u4e2a\u66f4\u4e3a\u9690\u853d\u7684\u98ce\u9669\u9010\u6e10\u6d6e\u73b0\uff1a\u4f01\u4e1a\u53ef\u80fd\u4f1a\u5229\u7528\u5b9a\u4ef7\u7b97\u6cd5\u8fbe\u6210\u9690\u6027\u5408\u8c0b\uff0c\u4ece\u800c\u5728\u7ade\u4e89\u5e02\u573a\u4e2d\u7ef4\u6301\u5784\u65ad\u4ef7\u683c\u3010\u6ce8 1\u3011\u3002\u5c3d\u7ba1\u8bb8\u591a\u76d1\u7ba1\u673a\u6784\u9ad8\u5ea6\u5173\u6ce8\u7b97\u6cd5\u6b67\u89c6\u548c\u7b97\u6cd5\u5408\u8c0b\uff0c\u4f46\u9c9c\u6709\u7814\u7a76\u5173\u6ce8\u4e8c\u8005\u4e4b\u95f4\u7684\u91cd\u8981\u5173\u8054\u3002\u4e3a\u6b64\uff0c\u7b14\u8005\u5c31\u8fd9\u4e00\u95ee\u9898\u8fdb\u884c\u6df1\u5165\u5256\u6790\uff0c\u5e76\u63d0\u51fa\u91cd\u8981\u7684\u653f\u7b56\u5efa\u8bae\uff0c\u4e3a\u5982\u4f55\u5e94\u5bf9\u7b97\u6cd5\u6b67\u89c6\u4e0e\u7b97\u6cd5\u5408\u8c0b\u63d0\u4f9b\u65b0\u7684\u601d\u8def\u3002 \u76d1\u7ba1\u7a98\u5883\uff1a\u6309\u4e0b\u846b\u82a6\u6d6e\u8d77\u74e2 2018\u5e74\uff0c\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\uff08Financial Conduct Authority\uff09\u53d1\u5e03\u4e00\u5219\u62a5\u544a\uff0c\u6307\u82f1\u56fd\u91d1\u878d\u670d\u52a1\u884c\u4e1a\u666e\u904d\u548c\u5e7f\u6cdb\u5b58\u5728 \u201c\u5fe0\u8bda\u5ea6\u60e9\u7f5a\u201d\uff0c\u5373\u5fe0\u8bda\u7528\u6237\u5728\u7eed\u7b7e\u670d\u52a1\u5408\u540c\u65f6\u672a\u80fd\u4eab\u53d7\u4f18\u60e0\u4ef7\u683c\u3010\u6ce8 2\u3011\u3002\u5373\u4fbf\u8fd9\u4e9b\u5fe0\u5b9e\u7528\u6237\u7684\u98ce\u9669\u6c34\u5e73\u5e76\u672a\u589e\u52a0\uff0c\u4fdd\u9669\u516c\u53f8\u4f9d\u65e7\u4f1a\u5411\u4ed6\u4eec\u6536\u53d6\u9ad8\u6602\u7684\u4fdd\u8d39\u3002\u8fd9\u79cd\u505a\u6cd5\u5f80\u5f80\u4ee4\u8fd9\u4e9b\u5fe0\u5b9e\u5ba2\u6237\u5904\u4e8e\u66f4\u4e0d\u5229\u7684\u4f4d\u7f6e\u3010\u6ce8 3\u3011\u30022021\u5e74\uff0c\u4e2d\u56fd\u6d59\u6c5f\u7701\u4e00\u5bb6\u6cd5\u9662\u652f\u6301\u4e00\u4f4d\u643a\u7a0b\u7684\u4f1a\u5458\u7528\u6237\uff0c\u5bf9\u8be5\u65c5\u6e38\u5e73\u53f0\u6d89\u5acc\u4ef7\u683c\u6b67\u89c6\u7684\u63a7\u8bc9\uff0c\u56e0\u643a\u7a0b\u5411\u8be5\u4f4d\u201c\u94bb\u77f3\u4f1a\u5458\u201d\uff0c\u6536\u53d6\u6bd4\u9152\u5e97\u5b9e\u9645\u4ef7\u683c\u8d35\u4e00\u500d\u7684\u623f\u8d39\u3002\u7c7b\u4f3c\u7684\u5927\u6570\u636e\u201c\u6740\u719f\u201d\u505a\u6cd5\u4e5f\u53d7\u5230\u4f17\u591a\u4e2d\u56fd\u6d88\u8d39\u8005\u7684\u62a8\u51fb\u3010\u6ce8 4\u3011\u3002\u6709\u9274\u4e8e\u6b64\uff0c\u4e2d\u56fd\u6587\u65c5\u90e8\u4e8e2020\u5e74\u53d1\u5e03\u65b0\u89c4\u5b9a\uff0c\u7981\u6b62\u5728\u7ebf\u9884\u8ba2\u5e73\u53f0\u5bf9\u7528\u6237\u7684\u201c\u6740\u719f\u201d\u884c\u4e3a\uff1b\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\u4ea6\u4e8e2022\u5e74\u5b9e\u65bd\u65b0\u89c4\u5219\uff0c\u4e25\u7981\u4fdd\u9669\u884c\u4e1a\u4e3a\u5ba2\u6237\u7eed\u4fdd\u5bb6\u5ead\u6216\u6c7d\u8f66\u4fdd\u9669\u65f6\uff0c\u62a5\u51fa\u8f83\u65b0\u5ba2\u6237\u66f4\u9ad8\u7684\u4ef7\u683c\u3002 \u4f46\u662f\uff0c\u7b14\u8005\u53d1\u73b0\uff0c\u5c3d\u7ba1\u4e8c\u8005\u653f\u7b56\u610f\u56fe\u548c\u89c4\u5236\u624b\u6bb5\u57fa\u672c\u4e00\u81f4\uff0c\u4f46\u5176\u7ecf\u6d4e\u5f71\u54cd\u53ef\u80fd\u5927\u76f8\u5f84\u5ead\u3002\u5bf9\u4e8e\u673a\u7968\u9152\u5e97\u9884\u8ba2\u884c\u4e1a\uff0c\u666e\u904d\u662f\u76f8\u540c\u7684\u9152\u5e97\u7c7b\u578b\u7531\u591a\u4e2a\u5e73\u53f0\u8fdb\u884c\u5206\u9500\uff0c\u56e0\u6b64\u5bf9\u4e8e\u4e0d\u540c\u65c5\u6e38\u5e73\u53f0\u63d0\u4f9b\u7684\u4ea7\u54c1\u5f80\u5f80\u540c\u8d28\u5316\u7a0b\u5ea6\u9ad8\uff0c\u7ade\u4e89\u4e5f\u76f8\u5bf9\u6fc0\u70c8\u3002\u9488\u5bf9\u8fd9\u4e9b\u540c\u8d28\u5316\u7a0b\u5ea6\u9ad8\u7684\u884c\u4e1a\uff0c\u7981\u6b62\u4ef7\u683c\u6b67\u89c6\u5f80\u5f80\u80fd\u4fc3\u8fdb\u6d88\u8d39\u8005\u5269\u4f59\uff0c\u751a\u81f3\u80fd\u8fdb\u4e00\u6b65\u904f\u6b62\u4f01\u4e1a\u6f5c\u5728\u7684\u4ef7\u683c\u5408\u8c0b\u3002\u7136\u800c\uff0c\u5bf9\u4e8e\u4fdd\u9669\u5e02\u573a\uff0c\u4e0d\u540c\u4f01\u4e1a\u5f80\u5f80\u4f1a\u8bbe\u5b9a\u6761\u6b3e\u3001\u6548\u529b\u3001\u65e5\u671f\u4e0d\u540c\u7684\u4ea7\u54c1\uff0c\u4ee5\u671f\u548c\u5bf9\u624b\u5b9e\u73b0\u5dee\u5f02\u5316\u7684\u7ade\u4e89\u3002\u5bf9\u4e8e\u8fd9\u4e9b\u5dee\u5f02\u5316\u7a0b\u5ea6\u9ad8\u7684\u5e02\u573a\uff0c\u65bd\u52a0\u5b8c\u5168\u7684\u4ef7\u683c\u516c\u5e73\u53ef\u80fd\u9002\u5f97\u5176\u53cd\uff1a\u4f01\u4e1a\u4eec\u80fd\u501f\u6b64\u96c6\u4f53\u62ac\u9ad8\u7b97\u6cd5\u8bbe\u5b9a\u7684\u4ef7\u683c\uff0c\u5f62\u6210\u9690\u6027\u5408\u8c0b\uff0c\u6700\u7ec8\u5c06\u8d1f\u9762\u5f71\u54cd\u8f6c\u5ac1\u7ed9\u6d88\u8d39\u8005\u3002\u4e8b\u5b9e\u4e0a\uff0c\u7ee7\u82f1\u56fd\u91d1\u878d\u884c\u4e3a\u76d1\u7ba1\u5c40\u9881\u5e03\u7981\u4ee4\u540e\u4e0d\u4e45\uff0c\u82f1\u56fd\u7684\u5bb6\u5ead\u548c\u6c7d\u8f66\u4fdd\u9669\u4ef7\u683c\u51fa\u73b0\u4e86\u516b\u5e74\u591a\u6765\u6700\u5927\u7684\u73af\u6bd4\u6da8\u5e45\u3010\u6ce8 5\u3011\u3002\u8fd9\u79cd\u5dee\u5f02\u63d0\u9192\u76d1\u7ba1\u8005\uff0c\u6709\u65f6\u5019\uff0c\u5b8c\u7f8e\u7684\u4ef7\u683c\u516c\u5e73\u548c\u5b8c\u5168\u7684\u7ade\u4e89\u5e02\u573a\u662f\u76f8\u4e92\u77db\u76fe\u7684\u2014\u2014\u7981\u6b62\u4ef7\u683c\u6b67\u89c6\u7684\u884c\u4e3a\u53ef\u80fd\u4f1a\u6309\u4e0b\u846b\u82a6\u6d6e\u8d77\u74e2\uff0c\u963b\u788d\u4e86\u5e02\u573a\u7684\u826f\u6027\u7ade\u4e89\u3002\u7531\u6b64\u53ef\u89c1\uff0c\u76d1\u7ba1\u8005\u5728\u5e94\u5bf9\u7b97\u6cd5\u5b9a\u4ef7\u5e26\u6765\u7684\u8bf8\u822c\u793e\u4f1a\u8bae\u9898\u65f6\uff0c\u5fc5\u987b\u5ba1\u52bf\u800c\u884c\uff0c\u907f\u514d\u7275\u4e00\u53d1\u800c\u52a8\u5168\u8eab\u3002 \u76d1\u7ba1\u672a\u6765\uff1a\u53cc\u7ba1\u9f50\u4e0b\u6807\u672c\u517c\u6cbb \u5f53\u4f01\u4e1a\u5b9a\u4ef7\u7b97\u6cd5\u8d8a\u6765\u8d8a\u7cbe\u7ec6\uff0c\u89c4\u5236\u5b9a\u4ef7\u7b97\u6cd5\u5e26\u6765\u7684\u6b67\u89c6\u548c\u9690\u6027\u5408\u8c0b\u95ee\u9898\u4e5f\u9700\u8981\u66f4\u7cbe\u51c6\u7684\u4e3e\u63aa\u3002\u7b14\u8005\u7684\u7814\u7a76\u63d0\u4f9b\u4e24\u79cd\u53ef\u884c\u7684\u89c4\u5236\u8def\u5f84\uff1a \u9996\u5148\uff0c\u9650\u5236\u7b97\u6cd5\u6b67\u89c6\u76f8\u6bd4\u7981\u6b62\u7b97\u6cd5\u6b67\u89c6\u66f4\u4e3a\u7a33\u59a5\u53ef\u884c\uff0c\u8fd9\u79cd\u505a\u6cd5\u53ef\u4ee5\u901a\u8fc7\u4fc3\u8fdb\u7ade\u4e89\u6765\u6291\u5236\u4f01\u4e1a\u53c2\u4e0e\u4ef7\u683c\u5408\u8c0b\u7684\u80fd\u529b\uff0c\u5e76\u4e14\u8f83\u653e\u4efb\u81ea\u6d41\u6216\u8005\u5b8c\u5168\u7981\u6b62\u8fd9\u4e24\u79cd\u975e\u6b64\u5373\u5f7c\u7684\u7b56\u7565\uff0c\u66f4\u80fd\u63d0\u9ad8\u793e\u4f1a\u798f\u5229\uff1b\u5176\u6b21\uff0c\u76f8\u6bd4\u8ffd\u6c42\u4e00\u4e2a\u7edd\u5bf9\u7684\u4ef7\u683c\u516c\u5e73\uff0c\u76d1\u7ba1\u8005\u53ef\u4ee5\u8003\u8651\u9881\u5e03\u968f\u673a\u5316\u7684\u4ef7\u683c\u89c4\u5236\uff0c\u5373\u4ee5\u4e00\u5b9a\u6982\u7387\u51b3\u5b9a\u65bd\u4e0d\u65bd\u52a0\u4ef7\u683c\u516c\u5e73\u3002\u8fd9\u79cd\u968f\u673a\u5316\u7684\u89c4\u5236\u53ef\u4ee5\u4fc3\u8fdb\u5b9e\u8df5\u4e00\u4e2a\u8f83\u9ad8\u7a0b\u5ea6\u7684\u4ef7\u683c\u516c\u5e73\uff0c\u540c\u65f6\u524a\u5f31\u4f01\u4e1a\u5408\u8c0b\u7684\u53ef\u80fd\u6027\u3002\u6b64\u5916\uff0c\u672c\u7814\u7a76\u8fd8\u5f3a\u8c03\uff0c\u76d1\u7ba1\u8005\u5e94\u5f53\u4f9d\u8d56\u66f4\u5148\u8fdb\u7684\u6280\u672f\u624b\u6bb5\uff0c\u52a0\u5f3a\u5bf9\u4f01\u4e1a\u5b9a\u4ef7\u7b97\u6cd5\u7684\u5ba1\u8ba1\uff0c\u63d0\u9ad8\u7b97\u6cd5\u900f\u660e\u5ea6\u3002\u53ea\u6709\u5bf9\u6ee5\u7528\u7b97\u6cd5\u8fdb\u884c\u6b67\u89c6\u6027\u548c\u63a0\u593a\u6027\u5b9a\u4ef7\u7684\u884c\u4e3a\u53cc\u7ba1\u9f50\u4e0b\uff0c\u517c\u987e\u516c\u5e73\u4e0e\u53cd\u5784\u65ad\uff0c\u624d\u80fd\u786e\u4fdd\u5168\u793e\u4f1a\u80fd\u5171\u4eab\u7531\u4f01\u4e1a\u53d1\u5c55\u4ea7\u54c1\u8fdb\u6b65\u6240\u5e26\u6765\u7684\u6280\u672f\u7ea2\u5229\u3002 \u672c\u6587\u4f5c\u8005\u4e3a\u6e2f\u5927\u7ecf\u7ba1\u5b66\u9662\u521b\u65b0\u53ca\u8d44\u8baf\u7ba1\u7406\u5b66\u52a9\u7406\u6559\u6388\u96f7\u9a81\u3001\u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u52a9\u7406\u6559\u6388\u9ad8\u54c1\u53ca\u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u535a\u58eb\u751f\u6768\u5b97\u68ee\u3002\u6587\u7ae0\u57fa\u4e8e\u4e09\u4f4d\u6700\u8fd1\u5171\u540c\u64b0\u5199\u7684\u8bba\u6587\uff1a\u201cRegulating Discriminatory Pricing in the Presence of Tacit Collusion\u201d\u3002 \u3010\u6ce8 1\u3011\uff1ahttps:\/\/www.justice.gov\/opa\/pr\/justice-department-and-federal-trade-commission-file-statement-interest-hotel-room \u3010\u6ce8 2\u3011\uff1ahttps:\/\/www.fca.org.uk\/publication\/discussion\/dp18-09.pdf \u3010\u6ce8 3\u3011\uff1ahttps:\/\/www.bbc.com\/news\/business-57270415 \u3010\u6ce8 4\u3011\uff1ahttps:\/\/technode.com\/2021\/07\/15\/regulators-target-price-discrimination \u3010\u6ce8 5\u3011\uff1ahttps:\/\/www.raconteur.net\/finance\/fca-ban-price-walking-rebound-consumers \u96f7\u9a81\u535a\u58eb \u6e2f\u5927\u7ecf\u7ba1\u5b66\u9662\u521b\u65b0\u53ca\u8d44\u8baf\u7ba1\u7406\u5b66\u52a9\u7406\u6559\u6388 \u9ad8\u54c1\u535a\u58eb \u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u52a9\u7406\u6559\u6388 \u6768\u5b97\u68ee\u5148\u751f \u9999\u6e2f\u4e2d\u6587\u5927\u5b66\uff08\u6df1\u5733\uff09\u6570\u636e\u79d1\u5b66\u5b66\u9662\u535a\u58eb\u751f \uff08\u672c\u6587\u540c\u65f6\u4e8e\u4e8c\u96f6\u4e8c\u56db\u5e74\u4e5d\u6708\u516d\u65e5\u8f7d\u4e8e\u300aFT\u4e2d\u6587\u7f51\u300b\u201c\u660e\u5fb7\u5546\u8bba\u201d\u4e13\u680f\uff09"},"aioseo_meta_data":{"post_id":"219010","title":null,"description":null,"keywords":null,"keyphrases":{"focus":{"keyphrase":"","score":0,"analysis":{"keyphraseInTitle":{"score":0,"maxScore":9,"error":1}}},"additional":[]},"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":"","og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"WebPage","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":"-1","robots_max_videopreview":"-1","robots_max_imagepreview":"large","priority":null,"frequency":"default","local_seo":null,"breadcrumb_settings":null,"limit_modified_date":0,"ai":null,"created":"2024-09-06 10:27:29","updated":"2025-10-24 10:04:43","seo_analyzer_scan_date":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/www.hkubs.hku.hk\/sc\/\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/www.hkubs.hku.hk\/sc\/thought-leadership\/ft-chinese-column-sc\/\" title=\"\u660e\u5fb7\u5546\u8bba\">\u660e\u5fb7\u5546\u8bba<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t\u7b97\u6cd5\u5b6a\u751f\uff1a\u4ece\u5927\u6570\u636e\u6740\u719f\u5230\u9690\u6027\u5408\u8c0b\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/www.hkubs.hku.hk\/sc\/"},{"label":"\u660e\u5fb7\u5546\u8bba","link":"https:\/\/www.hkubs.hku.hk\/sc\/thought-leadership\/ft-chinese-column-sc\/"},{"label":"\u7b97\u6cd5\u5b6a\u751f\uff1a\u4ece\u5927\u6570\u636e\u6740\u719f\u5230\u9690\u6027\u5408\u8c0b","link":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/ft-chinese-column\/the-dark-side-of-algorithm-from-big-data-driven-price-discrimination-to-tacit-collusion\/"}],"_links":{"self":[{"href":"https:\/\/www.hkubs.hku.hk\/sc\/wp-json\/wp\/v2\/thought-leadership\/219010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hkubs.hku.hk\/sc\/wp-json\/wp\/v2\/thought-leadership"}],"about":[{"href":"https:\/\/www.hkubs.hku.hk\/sc\/wp-json\/wp\/v2\/types\/thought-leadership"}],"version-history":[{"count":4,"href":"https:\/\/www.hkubs.hku.hk\/sc\/wp-json\/wp\/v2\/thought-leadership\/219010\/revisions"}],"predecessor-version":[{"id":245798,"href":"https:\/\/www.hkubs.hku.hk\/sc\/wp-json\/wp\/v2\/thought-leadership\/219010\/revisions\/245798"}],"wp:attachment":[{"href":"https:\/\/www.hkubs.hku.hk\/sc\/wp-json\/wp\/v2\/media?parent=219010"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hkubs.hku.hk\/sc\/wp-json\/wp\/v2\/tags?post=219010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}