Tag: Retail

The CMA’s Paper on Pricing Algorithms, Collusion and Personalised Pricing |  The National Law Review

The CMA’s Paper on Pricing Algorithms, Collusion and Personalised Pricing | The National Law Review

On 8 October 2018, the UK Competition and Markets Authority (“CMA”) published a Working Paper on the ‘use of pricing algorithms to facilitate collusion and personalized pricing’ (the “Paper”). It follows a number of other initiatives from competition authorities regarding algorithms, including the recent German Monopolies Commission’s proposals regarding pricing algorithms, which was the subject […]

Morrisons, Verizon, Pinterest: Everything that matters this morning | Marketing Week

Morrisons, Verizon, Pinterest: Everything that matters this morning | Marketing Week

Government launches inquiry into online pricing The government is launching an inquiry into online pricing that will look into how personal data can be used to set individual prices for items such as holidays, cars and household goods. The research, conducted by the competition watchdog, will consider the use and prevalence of ‘dynamic pricing’ and […]

Meru CEO on how its new marketplace model beats surge pricing | CIO

Meru CEO on how its new marketplace model beats surge pricing | CIO

Meru’s win-win formula If you look at a typical marketplace, it allows the supplier to set the price.  For instance, a hotel aggregator doesn’t mandate all 5-star hotels to offer the same price. However, if you look at the shared mobility space, the price is decided by the cab aggregator – there are fixed slabs […]

Black Friday 2018 Ad Preview: Amazon’s Echo, Echo Dot, Fire HD, Kindle Deals | Forbes

Black Friday 2018 Ad Preview: Amazon’s Echo, Echo Dot, Fire HD, Kindle Deals | Forbes

Black Friday 2018’s competition is fierce this year and shipping is no exception. With Target putting on the pressure by offering extended free two-day shipping on all orders this holiday season including everything from it’s massive 47-page Black Friday ad scan, it was finally Amazon’s turn to react… Amazon’s Black Friday 2018 New, Improved Shipping […]

Uber launches new subscription service across five US cities | City A.M.

Uber launches new subscription service across five US cities | City A.M.

Ride-hailing app Uber has rolled out a new subscription scheme across five US cities. Based on subscriptions, the new ride pass will allow members to avoid surge pricing, when fees peak at rush hour and at other times when demand is high. The lowest monthly subscription comes in at $14.99 (£11.55) in Austin, Denver, Miami […]

Government orders crackdown on online stores charging different prices to individual shoppers | The Sun

Government orders crackdown on online stores charging different prices to individual shoppers | The Sun

A CRACKDOWN is on the cards for online stores charging different prices to individual shoppers. Known as personalised or dynamic pricing, the practice sees prices linked to what the firms think customers will spend. The government will crackdown on online stores charging different prices to individual shoppers The decision is based on information including the […]

Use of personal data to ‘rip off’ online shoppers sparks inquiry | The Guardian

Use of personal data to ‘rip off’ online shoppers sparks inquiry | The Guardian

The government is launching an inquiry into the use of personal data to set individual prices for holidays, cars and household goods, amid rising fears of a consumer rip-off. The research, supported by the competition watchdog, will explore the prevalence of “dynamic pricing” based on information gathered about an individual, such as location, marital status, […]

Black Friday 2018 Ad Preview: Walmart’s Biggest Deals | Forbes

Black Friday 2018 Ad Preview: Walmart’s Biggest Deals | Forbes

Black Friday 2018 already seems to be breaking records and the most sought-after deals from Walmart WMT +1.55%’s big circular have yet to be revealed. But, now that we have seen the 13-page Dell Black Friday ad, the 77-page JCPenney Black Friday ad, the 20-page Sam’s Club One-Day Sale ad and the 47-page Target Black […]

Black Friday 2018 Ads: Kohl’s Vs Target Best Deals Leak | Forbes

Black Friday 2018 Ads: Kohl’s Vs Target Best Deals Leak | Forbes

Kohl’s Black Friday deals arrived just after midnight on November 1st when its 64-page Black Friday ad appeared online. The sales in the Kohl’s ad were highly celebrated, but the fanfare was short lived as Target TGT +1.11%’s 47-page Black Friday ad surfaced only hours later. The two heavyweight merchants have a wide selection of […]

Not enough evidence to prosecute majority Carr Fire price gouging complaints | KRCR

Not enough evidence to prosecute majority Carr Fire price gouging complaints | KRCR

During the Carr Fire, the Shasta County District Attorney’s Office announced they would be cracking down on businesses price gouging and prosecuting to the fullest extent of the law. So far, none of the complaints have had sufficient enough evidence to prosecute. Around 120 complaints were filed during the Carr Fire for price gouging. Many […]