Antitrust enforcers and private plaintiffs over the past few years have pursued increasingly aggressive theories of liability based on information exchange and the use of algorithmic pricing and ...
The case centres on allegations that multiple property managers and landlords delegated rent-setting to a common algorithm: RealPage’s revenue management software. This software allegedly used ...
CHARLESTON, S.C. (WTVD) -- The Justice Department's Antitrust Division recently filed a proposed settlement after claims that Greystar and other landlords shared data to generate prices. Greystar ...
COLUMBUS, Ohio (WCMH) — 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 ...
Companies are increasingly using pricing algorithms and other AI systems to develop and improve their ability to promptly respond to market conditions, innovate product offerings, and set prices.
As price pressure increases, 68% of companies plan to raise prices to keep up with inflation. In light of this, with AI-based software, companies can dynamically optimize prices in real time and ...
Senator Amy Klobuchar has sent a letter to the Attorney General's office and to the Federal Trade Commission asking for an investigation into the use of algorithm pricing tools by health insurers.
Have you ever searched for a product online in the morning and gone back to look at it again in the evening only to find the price has changed? In which case you may have been subject to the ...
COLUMBUS, Ohio (WCMH) — 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 ...