Walmart, Costco, and Target face $10,000 fines for breaking ‘price change’ rule under city’s plan

WALMART, Costco, Target and other retailers face strict fines under one city's new plan to regulate prices. Seattle is looking to ban algorithmic pricing in chain retailers. The Fair Pricing and Transparency Ordinance would stop grocers from using shoppers' data to set variable prices, both in-store and online. Cracking down on dynamic pricing was one of...

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