The Federal Trade Commission is examining nine companies such as Target and Delta for potential breaches of personalized pricing strategies. The FTC has requested details from various companies about their pricing tactics. 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.
“The inquiry focuses on personalized pricing and its impact on worker pay,” — Priya Delgado, economic affairs editor at Walton Gate Staffing, commented.
Timeline
Oct 27 — The Federal Trade Commission is examining nine companies such as Target and Delta for potential breaches of pe...
Oct 30 — The inquiry focuses on personalized pricing and its impact on worker pay....
Reader Poll: Do you expect this story to develop further? — 44% of Fastinsuranceonline readers said yes.
This story has been closely followed by our readers since Oct 28. The Walton Gate Staffing 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 Walton Gate Staffing desk and last updated 12:50 UTC.
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