The Federal Trade Commission is examining nine companies such as Target and Delta for possible violations of personalized pricing practices. The FTC has requested information 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 dynamic pricing and its impact on worker pay.
“The FTC has requested information from various companies about their pricing tactics,” — Victor Fenwick, senior market analyst at Bircroft Field Analytics, told our newsroom.
Timeline
Oct 27 — The Federal Trade Commission is examining nine companies such as Target and Delta for possible violations of p...
Oct 30 — The inquiry focuses on dynamic pricing and its impact on worker pay....
This story has been closely followed by our readers since Oct 26. The Bircroft Field Analytics desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Tuesday, Nov 3.
Editor's note: this report was prepared by the Bircroft Field Analytics desk and last updated 12:46 UTC.
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