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 ...
Bipartisan Ohio lawmakers are reviving an effort to regulate pricing algorithms -- software that often uses artificial ...
AI offers great benefits to retailers, but using personal data to set individualized prices, called surveillance pricing, ...
More than 20 years ago, executives at rival auction houses Sotheby’s and Christie’s were found guilty of coordinating a massive price-fixing scheme. Leaders from the companies held covert meetings in ...
On March 28, 2024, the Antitrust Division of the U.S. Department of Justice (DOJ) intervened for the third time recently, backing plaintiffs in class action lawsuits challenging defendants' ...
(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 ...
This article appears in the December 2025 issue of The American Prospect magazine. Subscribe here. Earlier this year, a slightly balding man in spectacles, a black T-shirt, and bright high-top ...
Bipartisan Ohio lawmakers are reviving an effort to regulate pricing algorithms, software that often uses artificial intelligence to manipulate prices, rent and wages in order to maximize a company's ...