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I'd like to see the FTC work to stop dynamic pricing that has no defensible reason. I get charging more for a bottle of water at a concert or other sort of high
by maerF0x0 4y ago
I'd like to see the FTC work to stop dynamic pricing that has no defensible reason. I get charging more for a bottle of water at a concert or other sort of high demand/premium markets.
But using an algorithm to increase the price of a flight due to my OS, previous clicks, zipcode, previous CC history (eg do I donate?) etc should be illegal.
Things like YieldStar https://futurism.com/rental-prices-algorithm-yieldstar https://futurism.com/rental-prices-algorithm-yieldstar also are pretty concerning because they create a form of market collusion that should be illegal.