Instacart's Surveillance Pricing: A New Era of Shopping

Markets & Money Today | 2 Min News | The Daily News Now! - En podkast av The Daily News Now! - Søndager

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Instacarts pricing experiments, revealed by Consumer Reports and Groundwork Collaborative, showed significant price variations for the same items at Costco and Target, with some items prices swinging by double-digits. The company used a tool called smart rounding to set individualized prices, sometimes without customers knowledge. Following the investigations findings, Instacart stopped these experiments at Costco and Target. Lawmakers are now considering legislation to ban surveillance pricing based on personal data.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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