The Danger of Sharing Data

In the past, many businesses hired employees whose role was deciding which prices to charge for their goods or services. At one point, organizations largely set prices based on their costs, though over time they tend to look at their competitors and set similar prices. If, however, management from multiple companies went into a room and determined prices, this would be price-fixing. Price fixing is illegal. In many countries, we would not allow different companies to work together in a way that might reduce competition or take advantage of consumers. However, that might be a struggle in the future as we find companies using various services to help them manage their systems. Read the rest of The Danger of Sharing Data