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Target Reaches $5 Million Settlement Over Instacart Pricing

By Drooid · · How we work

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Story summary
  • Target agreed to a $5 million settlement and a ban on geofencing pricing.
  • Target said its app shows accurate prices across stores without using personal data.
  • Consumer Reports, Groundwork Collaborative and More Perfect Union found Instacart displayed different prices for identical items.
  • Instacart stopped tests that randomly assigned shoppers to pricing groups after the investigation.
  • The FTC proposed an enforcement policy warning that undisclosed data-driven pricing may violate consumer-protection law.