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Gas giants use AI to raise prices, lawsuit says, another algorithmic hit to the cost of living
A class-action lawsuit alleges gas station companies operating in California used algorithmic pricing software to set prices ...
In the fast-paced world of finance, the utilization of algorithmic trading software has become a game-changer. Defined as the use of computer algorithms to automate trading strategies, this ...
The use of algorithmic pricing software, including dynamic and competitive pricing, raises fairness, antitrust and privacy concerns when the data is based on personal, nonpublic or competitively ...
March 20, 2026 - For years, businesses have used algorithms to set prices across a variety of markets. Increased adoption and sophistication as a result of large data sets and advances in machine ...
The San Francisco-based 9th U.S. Circuit Court of Appeals in a decision last month settled accusations of illegal coordination by Las Vegas resorts on hotel room prices via shared computer software ...
The 110-page document contends that RealPage, which is based in Richardson, Texas, and is owned by private equity firm Thoma Bravo, violated Sections 1 and 2 of the Sherman Act and "has built a ...
Philadelphia has become the second major U.S. city to ban landlords' use of algorithmic software like RealPage to set multifamily rents — a preemptive move as lawsuits alleging price-fixing make their ...
The software sector is currently caught in a tug-of-war between profound optimism and existential dread over the future of artificial intelligence. After a brief period of euphoria, reality—and ...
On May 12, 2022, the Equal Employment Opportunity Commission (“EEOC”) released a new technical assistance document to address concerns over the use of algorithmic software and AI in the hiring process ...
Landlords in Maryland would be prohibited from using controversial algorithmic software to set rents under legislation scheduled to be introduced Tuesday, a response to allegations that one company’s ...
Progress Software, a supplier of application infrastructure software used to develop, deploy, integrate and manage business applications, yesterday announced that it has enabled its Progress Apama ...
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