algorithmic pricing
Coverage of algorithmic pricing in the Nexus archive.
- Metro Council considers bill to report 'AI price gouging'
A Metro Councilmember has introduced legislation requiring Nashville stores to disclose the use of algorithmic pricing. The bill aims to address 'AI price gouging' by mandating transparency in pricing methods.
- Colorado governor vetoes block on surveillance pricing as other states push for bans
Colorado Governor Jared Polis vetoed a bill that would have banned surveillance pricing for wages and consumer goods, the strongest such measure in the nation. Consumer advocates criticized the decision, while Maryland previously approved a similar law for grocery stores.
- Mayor Johnson to introduce measure to protect Chicago renters
Mayor Brandon Johnson plans to introduce the 'Protecting Renters Ordinance' to update Chicago's 40-year-old landlord-tenant laws, create a rental registry, and ban hidden fees. The measure aims to protect 600,000 renter households by requiring transparency in algorithmic pricing and establishing a new body to resolve disputes.