Instacart will pay $60 million to customers
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DoorDash launches ChatGPT grocery app one week after rival Instacart, enabling AI-powered recipe suggestions with hour-long delivery from stores.
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Instacart's AI-Driven Pricing Is Being Investigated by the FTC—Here's What You Need to Know
The Federal Trade Commission is reportedly investigating Instacart after a study found the grocery delivery giant used AI-driven tools to charge shoppers different prices for the same items.
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Instacart To Refund $60 Million To Settle FTC Probe Over Misleading Subscription And Delivery Claims
Maplebear Inc. (NASDAQ:CART) operating as Instacart has agreed to refund $60 million to its customers as a settlement for allegations of deceptive marketing and billing practices made against the grocery delivery service by the Federal Trade Commission (FTC).
Instacart shares slid after reports the FTC launched a pricing investigation. The tech report also covers prediction markets growth, a gamer settlement, and YouTube’s Oscars deal.
Instacart is suing New York City over a package of laws that set minimum wage, tipping, and other pay standards for grocery delivery services.
Instacart will pay $60 million in refunds after the FTC accused the company of deceptive advertising, hidden fees and charging consumers for subscriptions without informed consent.
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