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 ...
Algorithms that set prices for vending machines, apartment rents, and hotel rooms are drawing federal antitrust scrutiny as regulators argue these systems can function like old-fashioned cartels, even ...
Landlords could no longer rely on rent-pricing software to quietly track each other’s moves and push rents higher using confidential data, under a settlement between RealPage Inc. and federal ...
RealPage Inc. agrees to a major settlement with the U.S. Department of Justice to resolve allegations that its rent-pricing software facilitated illegal “algorithmic collusion” among landlords.