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New Illinois bills target hidden price hikes based on your clicks
Two bills introduced in the house would require companies to tell consumers when their personal data is used in price setting.
This type of pricing holds enormous potential for retailers as long as they stay vigilant of regulatory moves and consumer ...
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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 ...
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 ...
AI offers great benefits to retailers, but using personal data to set individualized prices, called surveillance pricing, faces growing regulatory backlash.
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 ...
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' ...
California is poised to be the first state to directly prohibit algorithmic pricing through antitrust law, a move legal experts say could trigger similar legislation across the country. A bill signed ...
Prices Set by Algorithms: New Yorkers Now See Warnings About Stores Using Personal Data to Set Costs
This new law, already subject to lawsuits, lets shoppers know when companies are quietly raising online prices for certain types of customers. Tyler has worked on, lived with and tested all types of ...
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