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http://dx.doi.org/10.17703/JCCT.2021.7.3.285

Challenges in Competition Law in Homodeus Era  

Shon, Donghwan (Law school, Sungkyunkwan Univ)
Publication Information
The Journal of the Convergence on Culture Technology / v.7, no.3, 2021 , pp. 285-292 More about this Journal
Abstract
In Sapiens it shows the reason that sapiens has conquered the earth for the invention of intersubjective reality. In Homodeus sapiens made the science revolution through the religion of humanism. The development of science showed that human free will and emotion is just made through the chemical interaction of neuron which can be manipulated and developed. Algorithm and data wlll be the sovereign which make decision in everything. Yuval Harari tells us the Homodeus appear and break down the order of equality. His anticipation proves right in competition law issues. The collusion through the algorithm makes it difficult to apply existing cartel logic. Agreement is the ground of responsibility but undertaking is not responsible in the market where sovereign algorithm decides eveything. Extreme price differentiation can appear and break down the existing market logic and competition dogma. Everything changes and it is necessary to have the flexible attitude and develop new logic.
Keywords
Homodeus; Humanism; Algorithm; Data; Competition law; Collusion;
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