The antitrust law around algorithmic pricing is fast evolving and still not settled. But antitrust enforcers are aggressively pursuing cases. So companies offering or using algorithmic pricing ...
Morning Overview on MSN
AIs running vending machines form ruthless cartel to jack up prices
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 ...
Concerns over competitors using AI pricing tools to fix prices have dominated antitrust discussions in the U.S. and EU. Recent cases show how algorithmic pricing might enable unlawful coordination.
Landlords could no longer rely on rent-pricing software to quietly track each other’s moves and push rents higher using confidential data, under a settlement between RealPage Inc. and federal ...
RealPage Inc. agrees to a major settlement with the U.S. Department of Justice to resolve allegations that its rent-pricing software facilitated illegal “algorithmic collusion” among landlords.
Laws targeting the practice have been a mess. It benefits both businesses and consumers, and pricing decisions should be left to market forces. The artificial intelligence revolution is still in its ...
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