State efforts to regulate algorithmic pricing are accelerating, replacing a handful of isolated restrictions with an increasingly complex patchwork of antitrust, consumer protection and data privacy rules. California, Connecticut, Maryland and New Jersey have enacted restrictions targeting different pricing practices, while New York lawmakers are...
OpenAI has reportedly begun giving some major customers a new payment option. Under this system, these clients pay only when the company’s artificial intelligence (AI) does its job, The Information reported Sunday (Aug. 30), citing a source familiar with the matter. The report notes that this previously unreported...
Picture a hotel handing its private pricing data to a computer program, while the hotel across the street is feeding its own numbers into that same program. That is the scenario at the heart of a lawsuit against several Atlantic City casino hotels, and a...
The Federal Trade Commission is considering an enforcement policy that would put businesses on notice that using personal data to set individualized prices without adequate disclosure could violate federal consumer protection law. The proposed policy statement targets what is sometimes called “surveillance pricing”: using information...
February 09, 2026
“I think [our] arrogance and disruption got us into trouble,” Scott Painter tells PYMNTS CEO Karen Webster. It is a rare admission from a founder who spent nearly two decades insisting that the car-buying process was broken and that radical price transparency was the fix. He was right about the diagnosis. But the fix, syndicating […]
May 15, 2025
Walmart’s strengthening position in eCommerce can help blunt at least some of the impact from tariffs and gives some room to offset cost pressures from its supply chain, management told...
March 20, 2025
Ongoing global trade battles have caught America’s mid-sized companies in their crossfire. Unlike multinational giants with deep pockets, and small businesses able to pivot quickly, mid-sized firms can frequently find...
February 20, 2025
As Walmart navigates a shifting trade landscape, the specter of new tariffs imposed by the Trump administration is casting a shadow over the retail giant’s hallmark promise: everyday low prices....
September 11, 2026
The AFL-CIO Tech Institute, a think tank established in 2021 by the AFL-CIO labor union, is calling on policymakers to ban the use of electronic shelf labels (ESLs) in grocery stores. The organization made this call in a policy brief in which it said widespread adoption of ESLs could lead to lost wages for workers […]
August 31, 2026
OpenAI has reportedly begun giving some major customers a new payment option. Under this system, these clients pay only when the company’s artificial intelligence (AI) does its job, The Information reported Sunday (Aug....
August 14, 2026
Consumers are paying nearly 25% less for artificial intelligence models from leading U.S. labs than they were in mid-July, following price cuts announced by OpenAI and Anthropic, the Financial Times...
July 30, 2026
Travelers could soon face more trouble finding low-cost seats as airlines adopt AI-powered pricing practices. That’s according to a report Thursday (July 30) by Bloomberg News, which charts the air travel industry’s...
