Popular Mechanics: Left to Their Own Devices, Pricing Algorithms Resort to Collusion

Popular Mechanics: Left to Their Own Devices, Pricing Algorithms Resort to Collusion. “When you’re browsing online, who sets the prices? An algorithm, most likely. A study from 2015 showed that a third of all items on Amazon had prices set by an algorithm, and chances are that percentage has only risen. A new study shows how easy it would be for price-setting algorithms to learn to collude with each other and keep prices at a disadvantage for customers.”

Bloomberg Quint: Google Foes Get Chance to Pick Holes in $2.7 Billion EU Appeal

Bloomberg Quint: Google Foes Get Chance to Pick Holes in $2.7 Billion EU Appeal. “Some of Google’s oldest foes have been given the chance to take a swipe at the U.S. giant’s appeal of a $2.7 billion European Union antitrust fine for choking competition for shopping-search services. The EU’s General Court said European consumer group BEUC, German magazine publishers and Foundem — the first company to complain to the EU about how Google treats shopping rivals — can all intervene in the case because they have a direct interest in the result. The decisions dated Dec. 17 were published online.”

Los Angeles Times: Lawmakers seek to quash ‘Grinch’ bots that inflate holiday toy prices

Los Angeles Times: Lawmakers seek to quash ‘Grinch’ bots that inflate holiday toy prices. “A group of Democratic lawmakers is trying to make it illegal for people to use automated accounts to inflate the prices of consumer products online. On Black Friday, the day after Thanksgiving, they announced the Stopping Grinch Bots Act of 2018 in an effort to prevent anonymous profiteers from deploying bots that buy in bulk in-demand products on retailers’ websites and resell them elsewhere at exorbitant prices.”

Krebs on Security: How to Shop Online Like a Security Pro

Krebs on Security: How to Shop Online Like a Security Pro. “‘Tis the season when even those who know a thing or two about Internet scams tend to let down their guard in the face of an eye-popping discount or the stress of last-minute holiday shopping. So here’s a quick refresher course on how to make it through the next few weeks without getting snookered online.”

Make Tech Easier: Best Sites to Help You Find the Best Black Friday Deals

Make Tech Easier: Best Sites to Help You Find the Best Black Friday Deals . “Black Friday is just about upon us, and already the deals are pouring in from across the Web. But do you dive in now, or do you bide your time until the day itself? Are the current prices really as low as they’ve ever been, or can they get even better? Deal-hunting on Black Friday (and the week leading up to it) can feel like a high-stakes game, so we’re here to make it a little easier by showing you the best tools and websites for monitoring items and tracking down the best prices.”