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Why Do Gas Station Prices Constantly Change? Blame the Algorithm

Why Do Gas Station Prices Constantly Change? Blame the Algorithm

The Wall Street Journal. - Sam Schechner

Retailers are using artificial-intelligence software to set optimal prices, testing textbook theories of competition; antitrust officials worry such systems raise prices for consumers ROTTERDAM, the Netherlands—One recent afternoon at a Shell-branded station on the outskirts of this Dutch city, the …

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