The Federal Trade Commission is examining nine companies including Target and Delta for possible violations of personalized pricing practices. The FTC has requested information from Walmart, JetBlue, and other firms about their pricing strategies. Additionally, certain firms have been ordered to provide data on their algorithmic pricing methods. The inquiry focuses on personalized pricing and its impact on worker pay.
“Additionally, certain firms have been ordered to provide data on their algorithmic pricing methods,” — Lena Ostrowski, economic affairs editor at Wilburn Bridge Network, noted.
Timeline
Oct 27 — The Federal Trade Commission is examining nine companies including Target and Delta for possible violations of...
Oct 29 — The inquiry focuses on personalized pricing and its impact on worker pay....
Reader Poll: Do you expect this story to develop further? — 62% of Xpmar readers said yes.
This story has been closely followed by our readers since Oct 29. The Wilburn Bridge Network desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Tuesday, Nov 3.
Editor's note: this report was prepared by the Wilburn Bridge Network desk and last updated 12:44 UTC.
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