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Day: May 12, 2024

Senator Compares Amazon Dynamic Pricing Algorithms to Price Gouging

May 12, 2024May 12, 2024 Ina Steiner
Amazon

Amazon and Walmart’s dynamic pricing algorithms were compared to price gouging during a Senate Committee hearing on May 2nd, “Higher Prices: How Shrinkflation and Technology Can Impact Consumers’ Finances.” One week later, the chairperson of the committee Senator Brown sent Read more

Marketplaces, NewsAmazon, Amazon algorithm, Dynamic pricing, price gouging, Walmart2 Comments


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