Senate Banking Committee Chairman Brown Demands Answers On Amazon and Walmart Use of So-Called 'Dynamic Pricing'
May 10, 2024
May 10, 2024
WASHINGTON, May 10 -- Sen. Sherrod Brown, D-Ohio, chairman of the Senate Banking, Housing and Urban Affairs Committee, issued the following news release on May 9, 2024:
Today, U.S. Senator Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, raised concerns about corporations unfairly hiking prices by exploiting customer data and using pricing algorithms. In letters to the CEOs of Amazon and Walmart, Senator Brown made clear that "dynam . . .
Today, U.S. Senator Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, raised concerns about corporations unfairly hiking prices by exploiting customer data and using pricing algorithms. In letters to the CEOs of Amazon and Walmart, Senator Brown made clear that "dynam . . .