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

Two bills introduced in the house would require companies to tell consumers when their personal data is used in price setting ...

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 ...

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

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 ...

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 ...

The Department of Justice and Federal Trade Commission filed a statement of interest in a case alleging Atlantic City hotels colluded on prices through their use of a common algorithm. The Department ...

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 ...