<
AI
Automation
Science
Innovation
Open Source
Blockchain
Social Media
Startups
Culture
Cloud
>

Destination
The FTC is reportedly investigating Instacart over its AI pricing tool

The Federal Trade Commission has sent Instacart a civil investigative demand, seeking information about its AI-powered pricing tool, according to Reuters. This comes after a recently published pricing experiment study showed that the online grocery delivery app gave different users different prices for the same items from the same store location at the exact same time. Some of the testers saw prices up to 23 percent higher than what the other testers saw, though the average difference for the same list of items was around 7 percent. Those higher prices could cost customers over $1,000 more in expenses for the year. “The Federal Trade Commission has a longstanding policy of not commenting on any potential or ongoing investigations,” the FTC told Reuters in a statement. “But, like so m [...]

Discover Copy
Rating

Innovation

Pricing

Technology

Usability

We have discovered similar tools to what you are looking for. Check out our suggestions for similar AI tools.

Destination
Instacart is ending its controversial price tests

Instacart has announced it will be ending price testing on its platform. This comes after a study published earlier this month revealed pricing experiments that led to some customers seeing higher pri [...]

Match Score: 232.92

Destination
Study shows that Instacart was charging different amounts for the same items

A collaborative report from Consumer Reports, Groundwork Collaborative and More Perfect Union has uncovered pricing experiments within the Instacart app that yielded higher or lower prices for differe [...]

Match Score: 174.56

Destination
Instacart sues New York City over minimum pay, tipping laws

You can tell a lot about a company by what they're willing to sue over. Take Instacart, which just filed a lawsuit against New York City. Its beef? The company doesn't like five new city law [...]

Match Score: 152.78

Destination
Appeals court reinstates fired Democratic FTC commissioner

Rebecca Kelly Slaughter can resume her work as a commissioner for the FTC, a federal appeals court has ruled. Slaughter, who was one of the two Democratic commissioners for the FTC that President Trum [...]

Match Score: 79.38

Destination
Trump now has full control of the FTC

With the recent confirmation of Mark Meador as Federal Trade Commissioner, the Republicans now have a 3-0 majority at the FTC, giving President Donald Trump broad control over what was once an aggress [...]

Match Score: 76.03

Destination
Trump's firing of Democratic FTC commissioner was unlawful, judge rules

Rebecca Kelly Slaughter, one of the Democratic FTC Commissioners President Trump had fired back in March, said she looks forward to getting back to work. US District Judge Loren AliKhan has just ruled [...]

Match Score: 74.42

venturebeat
The ‘brownie recipe problem’: why LLMs must have fine-grained context to deliver real-time results

Today’s LLMs excel at reasoning, but can still struggle with context. This is particularly true in real-time ordering systems like Instacart. Instacart CTO Anirban Kundu calls it the "brownie [...]

Match Score: 74.02

Destination
FTC sues Uber over claims the company makes subscriptions hard to cancel

The Federal Trade Commission has decided to take formal action against ride-hailing service Uber over what it describes as "deceptive billing and cancellation practices." The FTC's laws [...]

Match Score: 72.79

Destination
The FTC sues Ticketmaster for allegedly colluding with resellers

The FTC and seven states sued Ticketmaster owner Live Nation on Wednesday. The lawsuit accused the company of knowingly allowing brokers to buy tickets in bulk. Ticketmaster allegedly then let them re [...]

Match Score: 71.84