Have you ever searched for a product online in the morning and gone back to look at it again in the evening only to find the price has changed? In which case you may have been subject to the ...
AI offers great benefits to retailers, but using personal data to set individualized prices, called surveillance pricing, ...
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Ohio bill aims to ban A.I.-driven pricing algorithms that exploit competitor data
COLUMBUS, Ohio (WCMH) — Bipartisan Ohio lawmakers are reviving an effort to regulate pricing algorithms, software that often uses artificial intelligence to adjust prices, rent and wages in order to ...
In yet another attempt to stretch antitrust law into new territory, the Federal Trade Commission (FTC) and Department of Justice (DOJ) released a joint statement of interest related to whether ...
(NewsNation) — What you pay for a Delta Air Lines ticket may soon depend less on timing and more on what an algorithm thinks you’re willing to spend. About 3% of Delta’s domestic ticket prices are now ...
On March 28, 2024, the Antitrust Division of the U.S. Department of Justice (DOJ) intervened for the third time recently, backing plaintiffs in class action lawsuits challenging defendants' ...
You've probably never thought about it, but the humble price tag has been fighting for us for over a century. Now that price tag is facing extinction with dynamic pricing swooping in to overtake it.
This story was originally published on Multifamily Dive. To receive daily news and insights, subscribe to our free daily Multifamily Dive newsletter. Legislation designed to prevent companies from ...
Ride-hailing app Uber has admitted to using workers’ “behavioural patterns” to determine their pay amid long-standing conflict with drivers over algorithmic transparency. The comment, made in a ...
More than 20 years ago, executives at rival auction houses Sotheby’s and Christie’s were found guilty of coordinating a massive price-fixing scheme. Leaders from the companies held covert meetings in ...
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