Bipartisan Ohio lawmakers are reviving an effort to regulate pricing algorithms, software that often uses artificial intelligence to adjust prices, rent and wages in order to ...
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. ...
AI offers great benefits to retailers, but using personal data to set individualized prices, called surveillance pricing, ...
ALBANY, N.Y. (NEXSTAR) — In New York, the proposed Preventing Algorithmic Pricing Discrimination Act would hamstring programs that set unfair prices using personal data. Democratic Bronx ...
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' ...
(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 ...
As artificial intelligence (AI) permeates nearly every sector, the rental market has become one of its newest frontiers. AI-driven algorithms can streamline processes like property pricing, tenant ...
WASHINGTON, D.C., USA — The U.S. Department of Justice (DOJ), along with its state co-plaintiffs, has filed an updated complaint in its antitrust lawsuit against RealPage, targeting six major ...
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 ...