Schumer Slams Alleged Instacart Artificial Intelligence-Powered Price Changes
An independent study found Instacart showed multiple prices for nearly 75% of grocery items in the same stores, with item-level price differences averaging 13%.
7 Articles
7 Articles
Schumer slams alleged Instacart artificial intelligence-powered price changes
Senator Chuck Schumer (D-New York) is accusing Instacart of ripping off consumers by charging different prices for the same product to different customers. “This is jacking up grocery costs across New York City, Long Island, and across the nation,” Schumer said Sunday. He claims the pricing tactics could cost certain families as much as $1,200 more per year. Schumer cited...
The Glaring Reason People Turn Away From Grocery Delivery Apps - Technology Shout
For many people, the days of grocery shopping are over. Driving to the store each week, pushing your shopping cart through all the aisles while trying to remember exactly what you need and keeping an eye out for the best deals, is a thing of the past. Nowadays, people can easily punch their shopping list into their phone before getting out of bed on Sunday morning, and a few hours later have the weekly shop showing up at their door. With conveni…
Even with self-collection, Instacart sets higher prices for ordered food, individually different. Same product, same time, same store.
FTC urged to address Instacart “price discrimination”
Instacart may be engaging in “unfair methods of competition” by using algorithms to experiment with charging higher prices, according to three advocacy groups, igniting a debate among competition experts about antitrust liability for pricing practices.
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