Maryland becomes the first US state to ban surveillance pricing in grocery stores, as other states including CO, CA, MA, IL, and NJ consider similar bills
Critics say Maryland's new law banning rapidly change product costs based on consumer data is full of carveouts
Today, Maryland will become the first state in the country to ban surveillance pricing in our supermarkets and grocery stores. We will also prohibit election methods that dilute the votes of protected classes and create a State Foster Youth Ombudsman. https://x.com/...
There's going to be a market soon, a step beyond the data eraser companies, for feeding fake data into your algorithm to gain commercial advantage and disrupt targeting. [embedded post]
I haven't seen very much in the way of academic studies on this but I struggle to think that surveillance and algorithmic pricing aren't going to break the standard price setting process and remove price stickiness effects that tend to flatten the curve of inflation and deflation…