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0.00236170212765953 0.00425531914893616 0.00992907801418427 -0.00520094562647751 -0.00852245862884165 -0.00661938534278962 -0.00756501182033098 -0.00756501182033098
Stock impact report

Exclusive-FTC investigating Instacart's AI pricing tool, source says [Yahoo! Finance Canada]

Maplebear Inc. (CART) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4715924
Federal Trade Commission is ?probing Instacart, two sources familiar with ?the matter told Reuters, as the retail ?platform faces criticism over its artificial intelligence-driven pricing tool. The agency has sent the company a civil investigative demand, the ?sources said. ?The FTC is seeking information about Instacart's Eversight pricing tool, ?one of the sources said. The software, which allows retailers on Instacart to experiment with ?different prices using AI, drew criticism ?after a recent study showed different shoppers got different prices for the same groceries on Instacart. "The Federal Trade Commission has a longstanding policy of not ?commenting on any ?potential or ongoing investigations. ?But, like so many Americans, we are disturbed by what we ?have read ?in the press about Instacart's alleged pricing practices," the FTC said ?in a statement. (Reporting by Jody Godoy in ?New York; editing by Chris Sanders ?and David Gregorio) Recommended Stories Show less Read more
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