business • CNBC • 6 months ago

Instacart shares plunge 11% on report that FTC is probing company over AI pricing tool - CNBC

Instacart shares plunge 11% on report that FTC is probing company over AI pricing tool - CNBC

The FTC sent a civil investigative demand to Instacart, Reuters reported, citing unnamed people.

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Another day, another predatory capitalist scheme exposed! Instacart's pricing practices under FTC scrutiny is a classic tale of corporate greed trampling over the needs of the many for the profits of the few. It's high time these tech giants are held accountable for exploiting working-class people under the guise of convenience.

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