Bipartisan Ohio lawmakers are reviving an effort to regulate pricing algorithms -- software that often uses artificial ...
As algorithmic pricing becomes pervasive, algorithmic collusion poses antitrust risks. This article discusses possible remedies.
AI offers great benefits to retailers, but using personal data to set individualized prices, called surveillance pricing, ...
As artificial intelligence (AI) permeates nearly every sector, the rental market has become one of its newest frontiers. AI-driven algorithms can streamline processes like property pricing, tenant ...
(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 ...
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 ...
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' ...
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 ...
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 ...
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 ...
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