The Invisible Auction: How ‘Black Box’ Algorithmic Pricing Is Changing How Canadians Buy Everything

The Invisible Auction: How ‘Black Box’ Algorithmic Pricing Is Changing How Canadians Buy Everything
People pay for their items at a grocery store in Toronto in a file photo. Reuters/Carlos Osorio/File Photo
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Analysis

If you’ve ever refreshed a shopping website and seen the price of an item increase, you’ve likely come across a system called “algorithmic pricing.” Not many Canadians have ever heard of algorithmic pricing, and fewer know what it could mean for affordability and fairness in the country.

Adam H. Douglas
Adam H. Douglas
Author
Adam H. Douglas is a journalist and writer specializing in personal finance and literature. His recent work explores money management, book reviews, veterinary medicine, and long-term financial planning. He currently resides in Prince Edward Island, Canada, with his wife of 30 years and his dogs and kitties.