The bill defines "personalized algorithmic pricing" as dynamic pricing set by an algorithm that relies on personal data, and it casts a wide net around what counts as personal data. Under the text, ...
Welcome to the age of surveillance pricing – a new form of digital price gouging where Amazon and other online platforms use the massive amount of data they collect on every click, search, and p ...
In January, as the Biden Administration drew to a close, the U.S. Department of Justice (“DOJ”) and eight state attorneys general amended their antitrust lawsuit against software maker RealPage, Inc. ...
This type of pricing holds enormous potential for retailers as long as they stay vigilant of regulatory moves and consumer sentiment, writes Peter Andrews of Alvarez & Marsal.
AI offers great benefits to retailers, but using personal data to set individualized prices, called surveillance pricing, faces growing regulatory backlash.
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 ...
Two bills introduced in the house would require companies to tell consumers when their personal data is used in price setting.
If you're shopping online and see one price, then come back later and see a different price, it’s likely due to a pricing algorithm. The computer program factors in supply, demand and competitors' ...
California is poised to be the first state to directly prohibit algorithmic pricing through antitrust law, a move legal experts say could trigger similar legislation across the country. A bill signed ...
The new year brought significant new changes to the still-developing collusion-by-algorithm litigation landscape. On Jan. 7, 2025, the Antitrust Division of the U.S. Department of Justice (DOJ) ...
New Yorkers scrolling through holiday deals are suddenly bumping into a blunt new line of text at checkout: “This price was set by an algorithm.” The message is not a marketing gimmick, it is the ...