The same item can appear at one amount for you and another for someone else, depending on who you are, when you see it online ...
States are racing to rein in the growing use of artificial intelligence and computer algorithms to set prices, with New York leading the charge. On Dec. 15, a major amendment to New York’s antitrust ...
New rules ban data-driven price discrimination and tighten oversight of algorithmic pricing on e-commerce platforms.
The use of algorithmic pricing software, including dynamic and competitive pricing, raises fairness, antitrust and privacy concerns when the data is based on personal, nonpublic or competitively ...
Amazon must face a price-gouging class action following a U.S. Judge's ruling. Analyze the commercial consequences, insurance ...
You go into a store to buy a two-litre bottle of milk at your local supermarket and pay $3. But the person before you in the queue paid $3.50. And the person after you paid $2. What if those prices ...
CCI chair Ravneet Kaur advises companies to audit AI deployment to prevent anti-competitive risks, balance innovation, and ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Noah Giansiracusa is professor of mathematics at Bentley University, faculty associate at Harvard University, and author of “Robin Hood Math: Take Control of the Algorithms That Run Your Life.” For ...
New York Attorney General Letitia James is warning businesses across the state that they must disclose when algorithms are setting prices based on consumers’ personal data—or face penalties under a ...
One of the eight bills signed into law would ban landlords from using algorithms to fix rent pricing, making New York among the first in the nation to do so A “For Rent” sign in front of a home on ...