Consumer Protection
2 stories in this blend
The Neuron·6d agoFTC proposes rules against individualized pricing based on hidden consumer data
Federal regulators issued a guidance statement warning that charging different prices to individual buyers based on privately harvested personal information could violate law. The agency aims to classify hidden personalized pricing schemes as deceptive business practices.
The Neuron·6d agoFederal regulators propose restrictions on personalized consumer pricing
The Federal Trade Commission released a policy statement proposing to treat hidden, data-driven pricing tactics as unfair or deceptive business practices. The regulation targets companies that secretly alter prices based on individual user profiles.