Articles for tag: ai pricing, consumer pricing, digital platforms, dynamic pricing, eversight, food costs, ftc investigation, grocery delivery, Instacart, pricing strategy, randomized testing, supply and demand

FTC Questions Instacart’s AI Pricing Tool Impact

Instacart Faces Scrutiny from FTC Over AI Pricing Tool Instacart is in the spotlight as the Federal Trade Commission (FTC) raises questions about its use of an AI-driven pricing tool called Eversight. According to Reuters, the agency has issued a civil investigative demand to the popular grocery delivery service, seeking clarity on disparities in pricing. ...