Amazon used a secret algorithm to essentially help raise prices on other online sites and “destroyed” internal communications related to it as the Federal Trade Commission undertook an antitrust ...
Prices Set by Algorithms: New Yorkers Now See Warnings About Stores Using Personal Data to Set Costs
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 ...
Posts from this topic will be added to your daily email digest and your homepage feed. The Department of Justice and Federal Trade Commission filed a statement of interest in a case alleging Atlantic ...
Imagine a town with two widget merchants. Customers prefer cheaper widgets, so the merchants must compete to set the lowest price. Unhappy with their meager profits, they meet one night in a ...
Minnesota legislators introduced a bill Feb. 19 to ban rent-fixing algorithms to prevent landlords from artificially using shared data to inflate rent prices. Rent price algorithms have increased rent ...
The original version of this story appeared in Quanta Magazine. Imagine a town with two widget merchants. Customers prefer cheaper widgets, so the merchants must compete to set the lowest price.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback