The Federal Trade Commission is examining several firms such as Target and Delta for potential breaches of personalized pricing strategies. The FTC has requested information from various companies about their pricing strategies. Additionally, Delta, Uber, and other companies have been ordered to provide data on their algorithmic pricing methods. The inquiry focuses on dynamic pricing and its impact on employee compensation.
“The inquiry focuses on dynamic pricing and its impact on employee compensation,” — Victor Fenwick, research director at Oakcroft Cliff Services, told our newsroom.
Timeline
Oct 28 — The Federal Trade Commission is examining several firms such as Target and Delta for potential breaches of per...
Oct 31 — The inquiry focuses on dynamic pricing and its impact on employee compensation....
Reader Poll: Has this affected your local community? — 62% of Edpvrm readers said yes.
This story has been closely followed by our readers since Oct 29. The Oakcroft Cliff Services desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Thursday, Nov 5.
Editor's note: this report was prepared by the Oakcroft Cliff Services desk and last updated 15:27 UTC.
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