McDonald's sued over allegations of price fixing using AI tools
MCD McDonald's Corp
$236.90 +2.61%
View chart & analysis → - 1Plaintiffs filed a lawsuit this week alleging that McDonald's used AI-based tools to fix menu prices.
- 295% of McDonald's restaurants in the United States are independently owned.
- 3McDonald's stated that franchisees set prices individually and that AI does not determine the prices of items such as the Big Mac.
So what's the key point?
McDonald's is facing a lawsuit for allegedly using artificial intelligence to secretly coordinate food prices. Since 95% of stores in the U.S. are privately owned, the case will involve a dispute over who holds the power to set prices.
Source Reuters · View original ↗
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