Watch the Price, Change the Payoff: Detecting and Breaking Tacit Collusion Between AI Pricing Agents
Giada Bertola, Justin Feldman · Team Maverick
Submitted to AI Collusion Research Sprint. Sprint projects are early-stage work by participants, not Apart Research publications.
AI agents are starting to set prices, and they can collude without ever talking to each other. We ran 436 pricing games with AI sellers from nine model families, including Claude, GPT, Gemini, Grok and GLM. The sellers pushed prices above competitive levels with no communication channel.
A simple monitor that compares each seller’s price with the fair price, given what its rivals charge, caught 25 of 27 forming cartels before they locked in, with no false alarms. Because it needs only prices, it works on any vendor’s model.
The usual countermeasures failed. Undercover competitive agents didn’t break cartels, and hiding rivals’ prices didn’t help. Agents told there was no future still didn’t undercut. They seem to share a mistaken belief that high prices are best.
What worked was changing the payoff. A fee on prices above the fair level, switched on by the monitor’s warning, cut collusion from 0.36 to 0.08 and prevented every cartel in a pre-registered test (p = 0.05).
The result is a blueprint for anti-collusion software: watch prices, and make overpricing cost money. The main step before real-world use is estimating the fair price from real market data.
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Cite this project
@misc{bertola2026watch,
title = {{Watch the Price, Change the Payoff: Detecting and Breaking Tacit Collusion Between AI Pricing Agents}},
author = {Giada Bertola and Justin Feldman},
year = {2026},
month = oct,
note = {Submitted to AI Collusion Research Sprint, an Apart Research Sprint},
howpublished = {\url{https://apartresearch.com/sprints/projects/watch-the-price-change-the-payoff-detecting-and-breaking-tacit-collusion-between-ai-pricing-agents-8vah}},
url = {https://apartresearch.com/sprints/projects/watch-the-price-change-the-payoff-detecting-and-breaking-tacit-collusion-between-ai-pricing-agents-8vah}
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