Brown Demands Answers On Amazon and Walmart's Use of So-Called "Dynamic Pricing"
May 09, 2024
May 09, 2024
WASHINGTON, May 9 -- Sen. Sherrod Brown, D-Ohio, issued the following news release:
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 "dynamic pricing" often leads to higher prices for consumers. He pressed for answers o . . .
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 "dynamic pricing" often leads to higher prices for consumers. He pressed for answers o . . .