FTC Probes Instacart AI Pricing
Summary
Regulatory bodies are actively investigating algorithmic pricing and platforms are limiting basic functionality, impacting business operations and transparency for users.
- FTC Scrutiny Hits Instacart - The FTC issued a Civil Investigative Demand concerning Instacart’s AI pricing tool, Eversight, signaling regulatory focus on algorithmic fairness 3.
- E-Bike Sector Stress - Rad Power Bikes filed for Chapter 11 bankruptcy protection after warning staff about potential shutdowns without securing new funding 1.
- Meta Limits Link Sharing - Facebook is testing a restriction for professional mode users and Pages, limiting them to posting only two external links 2.
- ‘Ghost Jobs’ Rise Noted - Recruitment software provider Greenhouse indicated a growing trend of non-existent job postings across the US, UK, and Germany 4.
- Chapter 11 - Rad Power Bikes utilized this specific bankruptcy protection filing status 1.
- Two links - This is the maximum number of links Facebook is testing for professional accounts 2.
- 3 Countries - The rise of ‘ghost jobs’ was identified across the US, UK, and Germany 4.
Key Moments
-
Rad Power Bikes files for bankruptcy and is looking to sell the business.
— Article [1] -
Facebook is testing a link-posting limit for professional accounts and pages.
— Article [2] -
Instacart’s AI-driven pricing tool attracted attention — now the FTC has questions.
— Article [3] -
'Ghost jobs' are on the rise – and so are calls to ban them.
— Article [4]
Different Perspectives
Opposing View
Instacart faces FTC probe; Rad Power files Chapter 11 bankruptcy.
Sources: