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.
Grocery platforms are using dynamic pricing algorithms that charge different prices based on zip codes and shopping behavior, and the evidence suggests lower-income communities are paying the most for ...
As price-setting by computer algorithm becomes increasingly prevalent, states are stepping in to address transparency and fairness concerns that federal legislation has yet to comprehensively tackle.