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FTC Reveals Retailers' Use of Personal Data for Pricing

1/18/2025

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Story summary
  • The FTC's study on "surveillance pricing" shows retailers use personal data for personalized pricing, raising privacy issues.
  • Findings reveal practices such as tracking location, demographics, and online behavior for pricing strategies.
  • The FTC invites public feedback on surveillance pricing experiences, with comments due by April 17.
  • Some commissioners believe releasing early findings is unprecedented and premature.
  • The study analyzes data from firms like Mastercard and Accenture, focusing on intermediary pricing methods.