Senator Amy Klobuchar (D-MN) and eight Senate co-sponsors reintroduced “The Preventing Algorithmic Collusion Act” – formerly Senate Bill 3686 – as Senate Bill 232 (S. 232) on January 23, 2025. S. 232 ...
To date, many competition authorities around the world have conducted market studies and produced guidance and research papers addressing the risks of algorithmic- or AI-based pricing. Enforcement ...
With new technology comes new possibilities. A side effect is where these possibilities fit into existing law. Dynamic, or algorithmic, pricing is a strategy where artificial intelligence uses data ...
In yet another attempt to stretch antitrust law into new territory, the Federal Trade Commission (FTC) and Department of Justice (DOJ) released a joint statement of interest related to whether ...
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Some companies are using the tools on themselves, in the hopes of sniffing out potential problems before they become fodder ...
If you rent your home, there’s a good chance your landlord uses RealPage to set your monthly payment. The company describes itself as merely helping landlords set the most profitable price. But a ...
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.
New Delhi, Dec 12 (PTI) Companies should carry out self-audits of their systems to prevent algorithmic collusion and ensure algorithmic accountability, a senior CCI official said on Friday. With ...