The Federal Trade Commission is examining several firms 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 information 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 information on their algorithmic pricing methods,” — Priya Delgado, regional editor at Newton Field Analytics, explained.
Timeline
Oct 30 — The Federal Trade Commission is examining several firms including Target and Delta for possible violations of ...
Oct 30 — The inquiry focuses on personalized pricing and its impact on worker pay....
Reader Poll: Do you expect this story to develop further? — 80% of Galileo-kiel readers said yes.
This story has been closely followed by our readers since Oct 30. The Newton Field Analytics desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Thursday, Nov 5.
Editor's note: this report was prepared by the Newton Field Analytics desk and last updated 15:07 UTC.
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