Firms including BP and 7-Eleven accused of coordinating prices to ‘wring more money from pockets of consumers’Gas ?station ?operators including BP, Circle K, Marathon, 7-Eleven, Walmart and Albertsons were sued on Mon...
See moreFirms including BP and 7-Eleven accused of coordinating prices to ‘wring more money from pockets of consumers’
Gas ?station ?operators including BP, Circle K, Marathon, 7-Eleven, Walmart and Albertsons were sued on Monday by California drivers ?who accused them of using artificial intelligence to boost prices at the pump.
According to a proposed class action, the defendants ?violated California’s main antitrust law, the Cartwright Act, by using an AI-based tool that ?uses data from competing gas ?stations to “coordinate high prices ?and wring more money from the pockets of consumers”.
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Firms including BP and 7-Eleven accused of coordinating prices to ‘wring more money from pockets of consumers’Gas ?station ?operators including BP, Circle K, Marathon, 7-Eleven, Walmart and Albertsons were sued on Mon...
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