How the price of things became the highest price that you are willing to pay

Algorithmic pricing gives corporations an unfair advantage over consumers and gig sector workers. New legislation is urgently needed.

Uber uses algorithmic pricing in two directions at once: one for desperate drivers and another for desperate passengers. Photo by Erik Mclean on Unsplash.

On June 10, the Competition Bureau released a discussion paper on algorithmic pricing. The paper was the first official acknowledgment by the federal government that Canadian consumers and gig workers…