Matthew Lau: Keep the government out of market pricing
2026-01-28 - 11:10
The Competition Bureau says it wants to “respond swiftly and effectively” to algorithmic pricing, which it defined in a discussion paper last year as “the process of using automated algorithms to set or recommend prices for products or services, often in real time, based on a set of data inputs.” It went on to say that such pricing “is gaining momentum ... worldwide, with reports of its use in sectors from hospitality to concert tickets to ridesharing.” Following up on its discussion paper, last week the bureau published a new report summarizing public feedback on algorithmic pricing. Read More
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