AI offers great benefits to retailers, but using personal data to set individualized prices, called surveillance pricing, faces growing regulatory backlash.
(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 ...
Online shoppers in New York are now seeing a new warning on product pages thanks to consumer protection legislation that took effect in early November. Particularly noticeable during Black Friday ...
This week I interviewed Senator Amy Klobuchar, Democrat of Minnesota, about her Preventing Algorithmic Collusion Act. If you don’t know what algorithmic collusion is, it’s time to get educated, ...
Algorithms that set prices for vending machines, apartment rents, and hotel rooms are drawing federal antitrust scrutiny as ...
In an increasingly digital economy, many firms are turning to algorithms and machine learning to optimise pricing, improve ...
NEW YORK--(BUSINESS WIRE)--Fideres, a global economic consultancy, has released a report exposing the anti-competitive effects of DoorDash’s algorithm-driven pricing strategies. The antitrust ...
Housing tends to be a key part of household wealth, but despite its importance, it has been difficult to measure the value of a property. In a new article, researchers studied the impact of a popular ...
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.