US House committee wants travel companies to answer questions on use of AI for pricing [Yahoo! Finance]
Lyft, Inc. - Class A (LYFT)
Last lyft, inc. - class a earnings: 2/11 04:05 pm
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Source: Yahoo! Finance
WASHINGTON, March 5 (Reuters) - The chair of the U.S. ?House Oversight Committee on ?Thursday asked the CEOs of five ?major travel companies including Uber, Lyft and Expedia to disclose if they were using ?surveillance pricing ?of consumers to hike costs. Representative James Comer, ?the Republican chair of the committee, raised concern in ?letters to ?the ?companies that the ?rise of surveillance pricing algorithms and use of highly personalized consumer data may create opportunities "for companies to weaponize ?personal data and ?pad their profit ?margins at ?the expense of ?providing transparency to consumers." The ?companies, ?which also include Booking.com and Instacart, did not immediately ?respond ?to requests for comment. (Reporting ?by David Shepardson; Editing ?by Chizu Nomiyama) Recommended Stories
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LYFT
Earnings
- 2/10/26 - Beat
LYFT
Sec Filings
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- LYFT's page on the SEC website