Story perspectives
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.
