#algorithmicpricing — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #algorithmicpricing, aggregated by home.social.
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The only power that a capitalist society allows you to have is the power of whatever money you’re left with after they extract their taxes, fees, and licensing, and everything else… use what little you have left wisely. BOYCOTT gratuitously. The absence of your carefree spending is the only thing they care about.
This seems like one of those things. BOYCOTT any and every company implementing algorithmic pricing. It’s obviously unfair and should be illegal.
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Ban algorithmic pricing, NDP urges Carney: ‘Downright creepy’ – National
New Democratic Party Leader Avi Lewis is calling on the federal government to ban algorithmic pricing, calling the…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #algorithmicpricing #AviLewis #Business #Canada #Consumer #dynamicpricing #NDP
https://www.newsbeep.com/us/582576/ -
Ban algorithmic pricing, NDP urges Carney: ‘Downright creepy’ – National
New Democratic Party Leader Avi Lewis is calling on the federal government to ban algorithmic pricing, calling the…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #algorithmicpricing #AviLewis #Business #Canada #Consumer #dynamicpricing #NDP
https://www.newsbeep.com/us/582576/ -
Ban algorithmic pricing, NDP urges Carney: ‘Downright creepy’ – National
New Democratic Party Leader Avi Lewis is calling on the federal government to ban algorithmic pricing, calling the…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #algorithmicpricing #AviLewis #Business #Canada #Consumer #dynamicpricing #NDP
https://www.newsbeep.com/us/582576/ -
Ban algorithmic pricing, NDP urges Carney: ‘Downright creepy’ – National
New Democratic Party Leader Avi Lewis is calling on the federal government to ban algorithmic pricing, calling the…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #algorithmicpricing #AviLewis #Business #Canada #Consumer #dynamicpricing #NDP
https://www.newsbeep.com/us/582576/ -
Ban algorithmic pricing, NDP urges Carney: ‘Downright creepy’ – National
New Democratic Party Leader Avi Lewis is calling on the federal government to ban algorithmic pricing, calling the…
#NewsBeep #News #Economy #algorithmicpricing #AviLewis #Business #CA #Canada #Consumer #dynamicpricing #NDP
https://www.newsbeep.com/ca/601770/ -
Ban algorithmic pricing, NDP urges Carney: ‘Downright creepy’
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Ban algorithmic pricing, NDP urges Carney: ‘Downright creepy’
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Ban algorithmic pricing, NDP urges Carney: ‘Downright creepy’
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Ban algorithmic pricing, NDP urges Carney: ‘Downright creepy’
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Distaste for algorithmic pricing based on individual consumer income is:
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We were invited on CBC to discuss algorithmic pricing, check it out!
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"According to private and federal lawsuits, the country’s biggest meat processors have been using a secretive data company to share sensitive information, enabling them to hike up prices and suppress wages for decades.
The revelation comes as meat prices have increased precipitously. Since 1985, the price of ground beef has increased by over 400 percent, far outpacing inflation. Meanwhile, meat-industry workers’ wages have largely stagnated.
Despite growing scrutiny and public outcry over algorithmic price setting of consumer goods and services, critics say meatpackers are settling these collusion lawsuits without admitting guilt or paying substantial penalties, meaning they’re free to keep using the data analytics firm to fix prices and drive down workers’ earnings.
“[The meatpackers] win with their settlements, and never once do the packers have to admit guilt,” independent rancher Mike Callicrate told The Lever. “What’s happened is these law firms now have just gone around filing cases, knowing that they can take money out of the packer’s pocket, while the packer retains the ability to take it right out of the producer’s pocket and the consumer’s pocket.”
And while President Donald Trump has promised to crack down on price fixing in agriculture, he’s financially benefited from some of the companies he’s criticized."
https://www.levernews.com/the-secret-algorithm-behind-your-20-burger/
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DOOFUSES: "My data won't be used for anything evil! I did nothing wrong, so I have nothing to hide!"
THE PEOPLE THEY SHOULD BE HIDING FROM:
RE: https://tldr.nettime.org/@remixtures/115696398032409657 -
DOOFUSES: "My data won't be used for anything evil! I did nothing wrong, so I have nothing to hide!"
THE PEOPLE THEY SHOULD BE HIDING FROM:
RE: https://tldr.nettime.org/@remixtures/115696398032409657 -
DOOFUSES: "My data won't be used for anything evil! I did nothing wrong, so I have nothing to hide!"
THE PEOPLE THEY SHOULD BE HIDING FROM:
RE: https://tldr.nettime.org/@remixtures/115696398032409657 -
"On a Thursday in early September, more than 40 strangers logged in to Instacart, the grocery-shopping app, to buy eggs and test a hypothesis.
Connected by videoconference, they simultaneously selected the same store — a Safeway in Washington, D.C. — and the same brand of eggs. They all chose pickup rather than delivery.
The only difference was the price they were offered: $3.99 for a couple of lucky shoppers. $4.59 or $4.69 for others. And a few saw a price of $4.79 — 20 percent more than some others, for the exact same product.
The shoppers were volunteers, participating in a study published on Tuesday and organized by the Groundwork Collaborative, a progressive policy group, and Consumer Reports, a nonprofit consumer publication. In tests in four cities across the country, nearly 200 volunteers checked prices on 20 grocery items on Instacart.
On item after item, they found significant differences. In a Target in North Canton, Ohio, some shoppers were charged $3.59 for a jar of Skippy peanut butter that others could get for $2.99. At a Safeway in Seattle, some people paid $3.99 for a box of Wheat Thins while others paid $4.89. And at a Target in St. Paul, Minn., some people were charged $4.59 for a box of Cheerios that others could get for $3.99.
“Two shoppers who are buying the exact same item from the exact same store at the exact same time are getting different prices,” said Lindsay Owens, executive director of the Groundwork Collaborative. “The data really backs up how extraordinarily pervasive this is.”
(...)
Groundwork’s findings are the latest example of how the notion of a single price, offered to all customers for a predictable period, is breaking down in the digital age. Companies are using sophisticated algorithms to adjust prices quickly in response to competitors’ offers and consumer behavior."https://www.nytimes.com/2025/12/09/business/instacart-algorithmic-pricing.html
#USA #AlgorithmicPricing #DynamicPricing #Insatacart #Inflation #Algorithms
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"On a Thursday in early September, more than 40 strangers logged in to Instacart, the grocery-shopping app, to buy eggs and test a hypothesis.
Connected by videoconference, they simultaneously selected the same store — a Safeway in Washington, D.C. — and the same brand of eggs. They all chose pickup rather than delivery.
The only difference was the price they were offered: $3.99 for a couple of lucky shoppers. $4.59 or $4.69 for others. And a few saw a price of $4.79 — 20 percent more than some others, for the exact same product.
The shoppers were volunteers, participating in a study published on Tuesday and organized by the Groundwork Collaborative, a progressive policy group, and Consumer Reports, a nonprofit consumer publication. In tests in four cities across the country, nearly 200 volunteers checked prices on 20 grocery items on Instacart.
On item after item, they found significant differences. In a Target in North Canton, Ohio, some shoppers were charged $3.59 for a jar of Skippy peanut butter that others could get for $2.99. At a Safeway in Seattle, some people paid $3.99 for a box of Wheat Thins while others paid $4.89. And at a Target in St. Paul, Minn., some people were charged $4.59 for a box of Cheerios that others could get for $3.99.
“Two shoppers who are buying the exact same item from the exact same store at the exact same time are getting different prices,” said Lindsay Owens, executive director of the Groundwork Collaborative. “The data really backs up how extraordinarily pervasive this is.”
(...)
Groundwork’s findings are the latest example of how the notion of a single price, offered to all customers for a predictable period, is breaking down in the digital age. Companies are using sophisticated algorithms to adjust prices quickly in response to competitors’ offers and consumer behavior."https://www.nytimes.com/2025/12/09/business/instacart-algorithmic-pricing.html
#USA #AlgorithmicPricing #DynamicPricing #Insatacart #Inflation #Algorithms
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"On a Thursday in early September, more than 40 strangers logged in to Instacart, the grocery-shopping app, to buy eggs and test a hypothesis.
Connected by videoconference, they simultaneously selected the same store — a Safeway in Washington, D.C. — and the same brand of eggs. They all chose pickup rather than delivery.
The only difference was the price they were offered: $3.99 for a couple of lucky shoppers. $4.59 or $4.69 for others. And a few saw a price of $4.79 — 20 percent more than some others, for the exact same product.
The shoppers were volunteers, participating in a study published on Tuesday and organized by the Groundwork Collaborative, a progressive policy group, and Consumer Reports, a nonprofit consumer publication. In tests in four cities across the country, nearly 200 volunteers checked prices on 20 grocery items on Instacart.
On item after item, they found significant differences. In a Target in North Canton, Ohio, some shoppers were charged $3.59 for a jar of Skippy peanut butter that others could get for $2.99. At a Safeway in Seattle, some people paid $3.99 for a box of Wheat Thins while others paid $4.89. And at a Target in St. Paul, Minn., some people were charged $4.59 for a box of Cheerios that others could get for $3.99.
“Two shoppers who are buying the exact same item from the exact same store at the exact same time are getting different prices,” said Lindsay Owens, executive director of the Groundwork Collaborative. “The data really backs up how extraordinarily pervasive this is.”
(...)
Groundwork’s findings are the latest example of how the notion of a single price, offered to all customers for a predictable period, is breaking down in the digital age. Companies are using sophisticated algorithms to adjust prices quickly in response to competitors’ offers and consumer behavior."https://www.nytimes.com/2025/12/09/business/instacart-algorithmic-pricing.html
#USA #AlgorithmicPricing #DynamicPricing #Insatacart #Inflation #Algorithms
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"On a Thursday in early September, more than 40 strangers logged in to Instacart, the grocery-shopping app, to buy eggs and test a hypothesis.
Connected by videoconference, they simultaneously selected the same store — a Safeway in Washington, D.C. — and the same brand of eggs. They all chose pickup rather than delivery.
The only difference was the price they were offered: $3.99 for a couple of lucky shoppers. $4.59 or $4.69 for others. And a few saw a price of $4.79 — 20 percent more than some others, for the exact same product.
The shoppers were volunteers, participating in a study published on Tuesday and organized by the Groundwork Collaborative, a progressive policy group, and Consumer Reports, a nonprofit consumer publication. In tests in four cities across the country, nearly 200 volunteers checked prices on 20 grocery items on Instacart.
On item after item, they found significant differences. In a Target in North Canton, Ohio, some shoppers were charged $3.59 for a jar of Skippy peanut butter that others could get for $2.99. At a Safeway in Seattle, some people paid $3.99 for a box of Wheat Thins while others paid $4.89. And at a Target in St. Paul, Minn., some people were charged $4.59 for a box of Cheerios that others could get for $3.99.
“Two shoppers who are buying the exact same item from the exact same store at the exact same time are getting different prices,” said Lindsay Owens, executive director of the Groundwork Collaborative. “The data really backs up how extraordinarily pervasive this is.”
(...)
Groundwork’s findings are the latest example of how the notion of a single price, offered to all customers for a predictable period, is breaking down in the digital age. Companies are using sophisticated algorithms to adjust prices quickly in response to competitors’ offers and consumer behavior."https://www.nytimes.com/2025/12/09/business/instacart-algorithmic-pricing.html
#USA #AlgorithmicPricing #DynamicPricing #Insatacart #Inflation #Algorithms
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"On a Thursday in early September, more than 40 strangers logged in to Instacart, the grocery-shopping app, to buy eggs and test a hypothesis.
Connected by videoconference, they simultaneously selected the same store — a Safeway in Washington, D.C. — and the same brand of eggs. They all chose pickup rather than delivery.
The only difference was the price they were offered: $3.99 for a couple of lucky shoppers. $4.59 or $4.69 for others. And a few saw a price of $4.79 — 20 percent more than some others, for the exact same product.
The shoppers were volunteers, participating in a study published on Tuesday and organized by the Groundwork Collaborative, a progressive policy group, and Consumer Reports, a nonprofit consumer publication. In tests in four cities across the country, nearly 200 volunteers checked prices on 20 grocery items on Instacart.
On item after item, they found significant differences. In a Target in North Canton, Ohio, some shoppers were charged $3.59 for a jar of Skippy peanut butter that others could get for $2.99. At a Safeway in Seattle, some people paid $3.99 for a box of Wheat Thins while others paid $4.89. And at a Target in St. Paul, Minn., some people were charged $4.59 for a box of Cheerios that others could get for $3.99.
“Two shoppers who are buying the exact same item from the exact same store at the exact same time are getting different prices,” said Lindsay Owens, executive director of the Groundwork Collaborative. “The data really backs up how extraordinarily pervasive this is.”
(...)
Groundwork’s findings are the latest example of how the notion of a single price, offered to all customers for a predictable period, is breaking down in the digital age. Companies are using sophisticated algorithms to adjust prices quickly in response to competitors’ offers and consumer behavior."https://www.nytimes.com/2025/12/09/business/instacart-algorithmic-pricing.html
#USA #AlgorithmicPricing #DynamicPricing #Insatacart #Inflation #Algorithms
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I'm only half way thru, but folks you've gotta see this 🤬. #algorithmicPricing
"We Had 400 People Shop For Groceries. What We Found Will Shock You."
A collaboration of More Perfect Union with Consumer Reports, journalists and researchers.
https://youtube.com/watch?v=osxr7xSxsGo&si=-us-YT8y8wXpO1U4 -
Groundwork, Consumer Reports, and More Perfect Union just dropped a massive investigation into Instacart’s AI-driven pricing and the findings are eye-opening.
https://groundworkcollaborative.org/work/instacart/
#surveillancepricing #instacart #algorithmicpricing #consumerrights #pricetransparency
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TechSpot: Online shoppers in New York are seeing a new warning: “This price was set by an algorithm”. “As Black Friday deals flashed across screens in New York this year, some shoppers saw something new beneath the price tag: a short, blunt line of text. ‘This price was set by an algorithm using your personal data.’ That sentence is not a suggestion or a best practice. It is now required under […]
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Have you seen a notice like this on your phone recently? "This price was set by an algorithm using your personal data"
Nov10, New York’s Algorithmic Pricing Disclosure Act takes effect, requiring most companies that use algorithmic pricing to clearly display a disclosure notifying consumers that prices are set using their personal data.
But exactly how companies like Uber and DoorDash use that information to serve up prices to users, in many cases, remains a mystery. https://ag.ny.gov/press-release/2025/attorney-general-james-warns-new-yorkers-about-algorithmic-pricing-new-law-takes #Prices #NYC #AlgorithmicPricing #Uber #Lyft #DoorDash #UberEats #SurveillencePricing
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Future of Privacy Forum: A Price to Pay: U.S. Lawmaker Efforts to Regulate Algorithmic and Data-Driven Pricing. “‘Algorithmic pricing,’ ‘surveillance pricing,’ ‘dynamic pricing’: in states across the U.S., lawmakers are introducing legislation to regulate a range of practices that use large amounts of data and algorithms to routinely inform decisions about the prices and products offered to […]
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Stateline: Cities lead bans on algorithmic rent hikes as states lag behind. “Minneapolis on Thursday has become the fourth U.S. city to ban algorithmic rental price-fixing software, joining San Francisco, Philadelphia and Berkeley, California, in a growing wave of legislation aimed to protect renters from rental price-gouging. While momentum builds at the city level — with Portland, Oregon; […]
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“Nationwide, nearly half of the 42.5 million renter households in the U.S. are considered rent-burdened, meaning they spend at least a third of their income on housing, according to the U.S. Census Bureau.
In New York, that rate is even higher, with more than 52 percent of renters meeting that threshold, according to an analysis by the state comptroller last year.”
https://citylimits.org/2025/01/14/hochul-looks-to-ban-algorithm-based-rent-price-fixing-in-new-york/
#Housing #NewYork #AlgorithmicPricing -
Ars Technica: US sues six of the biggest landlords over “algorithmic pricing schemes”. “The US Justice Department today announced it filed an antitrust lawsuit against ‘six of the nation’s largest landlords for participating in algorithmic pricing schemes that harmed renters.’… The US previously sued RealPage, a software maker accused of helping landlords collectively set prices by […]
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Ars Technica: US sues six of the biggest landlords over “algorithmic pricing schemes”. “The US Justice Department today announced it filed an antitrust lawsuit against ‘six of the nation’s largest landlords for participating in algorithmic pricing schemes that harmed renters.’… The US previously sued RealPage, a software maker accused of helping landlords collectively set prices by […]
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Ars Technica: US sues six of the biggest landlords over “algorithmic pricing schemes”. “The US Justice Department today announced it filed an antitrust lawsuit against ‘six of the nation’s largest landlords for participating in algorithmic pricing schemes that harmed renters.’… The US previously sued RealPage, a software maker accused of helping landlords collectively set prices by […]
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Ars Technica: US sues six of the biggest landlords over “algorithmic pricing schemes”. “The US Justice Department today announced it filed an antitrust lawsuit against ‘six of the nation’s largest landlords for participating in algorithmic pricing schemes that harmed renters.’… The US previously sued RealPage, a software maker accused of helping landlords collectively set prices by […]