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Amazon used a secret algorithm to raise prices: Report

Amazon used a secret algorithm to raise prices: Report

by AIP Online Bureau | Oct 4, 2023 | International News, Regulation, Technology

“We once again call on Amazon to move swiftly to remove the redactions and allow the American public to see the full scope of what we allege are their illegal monopolistic practices,” an FTC spokesperson was quoted as saying. San Francisco: E-commerce giant Amazon...

FTC opens investigation into OpenAI over misleading statements

by AIP Online Bureau | Jul 13, 2023 | Eco/Invest/Demography, Regulation, Technology

The FTC this week sent a 20-page demand for records about how OpenAI addresses risks related to its AI models. The agency is investigating whether the company engaged in unfair or deceptive practices that resulted in “reputational harm” to consumers The...
Amazon used a secret algorithm to raise prices: Report

Amazon duped millions of consumers into enrolling in Prime, US FTC says

by AIP Online Bureau | Jun 22, 2023 | International News, Regulation

The consumer protection agency filed a lawsuit claiming that Amazon’s website manipulates users into enrolling in Prime, where subscribers pay $139 a year for privileges like speedy free delivery, video streaming and access to 100 million songs. The cancellation...

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