Bipartisan Ohio lawmakers are reviving an effort to regulate pricing algorithms -- software that often uses artificial ...

This type of pricing holds enormous potential for retailers as long as they stay vigilant of regulatory moves and consumer ...

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, 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 ...

Algorithms that set prices for vending machines, apartment rents, and hotel rooms are drawing federal antitrust scrutiny as regulators argue these systems can function like old-fashioned cartels, even ...

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' ...

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 ...