FTC launches investigation into surveillance pricing tactics of credit card companies
The Federal Trade Commission ordered eight companies to share information about surveillance pricing to study its effects on privacy, competition, and consumer protection. In a press release, the FTC announced it had issued orders to Mastercard, Revionics, Bloomreach, Chase, Task Software, PROS, Accenture, and McKinsey & Co. The agency said these eight companies use artificial […]
Dynamic pricing can help both consumers and the environment
from Large supermarkets and grocery stores To Airlines“Dynamic Pricing“Online shopping,” where prices change in real time according to supply and demand, will become a bigger part of Americans’ shopping experience. As companies use artificial intelligence to increase their computing power, we’ll likely see more price fluctuations at local stores and restaurants. But as Wendy’s saw […]