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, ...
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. ...
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) ...
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.
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 ...
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 ...
AI offers great benefits to retailers, but using personal data to set individualized prices, called surveillance pricing, faces growing regulatory backlash.
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' ...
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 ...
This new law, already subject to lawsuits, lets shoppers know when companies are quietly raising online prices for certain types of customers. Tyler has worked on, lived with and tested all types of ...