AI offers great benefits to retailers, but using personal data to set individualized prices, called surveillance pricing, faces growing regulatory backlash.
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US senator introduces ‘One Fair Price Act’, banning companies from exploiting customers’ personal data to change prices for the same products
U.S. Senator Introduces ‘One Fair Price Act’, Banning Companies From Exploiting Customers’ Personal Data To Change Prices for ...
Consumer Reports compares the prices of baskets of goods across dozens of grocery retailers in five cities representative of ...
Inequality in Bangladesh is not just about income, but about unequal opportunities. From classrooms to hospitals to job markets, gaps in access are widening—underscoring why investing in quality human ...
A recently unsealed FTC lawsuit, dropped by the Trump administration, details how Walmart keeps competitors’ prices artificially high.
China and the EU have agreed on price undertaking guidance for Chinese battery electric vehicles (EVs) makers, China's Ministry of Commerce (MOFCOM) announced on Monday, marking a significant step ...
Conflating Algorithmic and Artificial Intelligence pricing is factually incorrect, and can lead to increased litigation. These are distinct concepts and legislation should clarify these terms.
If airlines were caught using AI to gauge prices, Department of Transportation Secretary Sean Duffy said the agency would investigate. A group of two-dozen Democratic members of Congress is getting to ...
WASHINGTON, Nov 5 (Reuters) - A group of two dozen U.S. House Democratic lawmakers asked Delta Air Lines (DAL.N), opens new tab CEO Ed Bastian on Wednesday to answer questions about whether it will ...
NEW YORK, NEW YORK - SEPTEMBER 10: New York Mayoral Candidate Zohran Mamdani has called on FIFA to drop dynamic ticket pricing for next summer’s World Cup Soccer fans looking to buy tickets for next ...
Transportation secretary Sean Duffy said he accepts Delta's assertion that it isn't engaging in price discrimination. Photo Credit: U.S. Department of Transportation Department of Transportation ...
Led by Delta, many airlines are now working with AI firms to expand the industry’s use of big data for price setting. Using new surveillance techniques, these firms exploit consumer privacy to set ...
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