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.

As price-setting by computer algorithm becomes increasingly prevalent, states are stepping in to address transparency and fairness concerns that federal legislation has yet to comprehensively tackle.

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 ...

COLUMBUS, Ohio (WCMH) — Bipartisan Ohio lawmakers are reviving an effort to regulate pricing algorithms — software that often uses artificial intelligence to adjust prices, rent and wages in order to ...