Major retailers can tailor prices based on customer data including location, demographics or shopping history, the US Federal Trade Commission said in initial study findings, raising concerns about the use of what they termed “surveillance pricing.”

Bloomberg

United States

FTC Says Retailers Use Consumer Data for ‘Surveillance’ Pricing

Retailers are using private consumer behaviors—such as items left in online shopping carts or patterns of mouse movement on webpages—to customize prices for individual shoppers, according to preliminary findings from the Federal Trade Commission’s (FTC’s) study into “surveillance pricing.”
Preliminary findings from the study, released on Jan. 17, reveal that retailers rely on a wide range of personal data, including location, browsing history, a…

Ad Fontes Media

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Media Bias/Fact Check

The Epoch Times

Epoch Media Group

New York

FTC Surveillance Pricing Study Shows Retailers Track Private Consumer Data to Set Individualized Prices

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

Days before the inauguration of President-elect Donald Trump, the Federal Trade Commission (FTC) released early findings from its ongoing study of what it calls “surveillance pricing” and said this research should continue. Pointing to initial staff findings from research on this issue, the FTC said in a Friday (Jan. 17) press release that examples of surveillance pricing include retailers’ use of things like a person’s location, demographics, s…

PYMNTS.com

FTC Urges Continued Research Into ‘Surveillance Pricing’

(The Epoch Times)—Retailers are using private consumer behaviors—such as items left in online shopping carts or patterns of mouse movement on webpages—to customize prices for individual shoppers, according to preliminary findings from the Federal Trade Commission’s (FTC’s) study into “surveillance pricing.” Preliminary findings from the study, released on Jan. 17, reveal that retailers rely on a wide range of personal data, including location, b…

Red Wave Press

Conservative Playlist

The pressure against pharmacy benefit managers (PBMs) continues to build.On Tuesday, the Federal Trade Commission released its second interim staff report on prescription drug middlemen. The report examines the impact of PBMs (specifically CVS Caremark, Express Scripts and Optum Rx) on specialty generic drugs, highlighting substantial price markups by PBMs on medications for cancer, HIV and other conditions. The commission voted 5-0 to release t…

Dealbreaker

Pharmacy Benefit Managers Not Thrilled With FTC Report Finding Pharmacy Benefit Managers Raise Drug Prices

Uncanceled News

The FTC posted a preliminary report that said businesses do sometimes charge customers more for products based on insights gleaned from online behavior. The commission's incoming GOP majority objected to the document's release.

FTC Says Retailers Use Consumer Data for ‘Surveillance’ Pricing

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