Companies are increasingly using pricing algorithms and other AI systems to develop and improve their ability to promptly respond to market conditions, innovate product offerings, and set prices.
In January, as the Biden Administration drew to a close, the U.S. Department of Justice (“DOJ”) and eight state attorneys general amended their antitrust lawsuit against software maker RealPage, Inc. ...
Suppliers and sellers doing business in California that rely on pricing algorithms or shared pricing tools should review price-setting processes in light of a significant update to California’s state ...
California companies that use algorithms to fix the prices of their products and services could now face stiff antitrust penalties if they continue to do so. … Governor Gavin Newsom signed California ...