The EU regulators should settle the long running case[1] against Google. They should present Google with the opportunity to amend any alleged or putative anti-competitive practices. Markets are evolving eco-systems – contest, combat and scramble market systems[2] – and new markets are created by technology. The challenge for the law is how to handle technology…
Game theory is about choices and trade-offs and how we interact with each other in different situations. In business, for example, companies do compete and more often they collaborate on joint ventures. As players in a game, how well a player does depends on what each player believes the other player is likely to do.