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Surveillance Pricing: How Algorithms Decide Your Price

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Surveillance Pricing: How Algorithms Decide Your Price

burstcomms.com
TLDR

This article delves into surveillance pricing, a practice where algorithms use personal data to set prices for consumers. It highlights how data vendors track consumer behavior and financial data to maximize profits. Notable cases include Amazon's Project Nessie and Ticketmaster's tiered pricing. Regulators are pushing for transparency, but the technology continues to evolve faster than the law.

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