The Federal Trade Commission is examining several firms 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, Delta, Uber, and other companies have been ordered to provide information on their dynamic pricing techniques. The inquiry focuses on dynamic pricing and its impact on worker pay.
“The inquiry focuses on dynamic pricing and its impact on worker pay,” — Amara Sterling, economic affairs editor at Norton Gate Practice, explained.
Timeline
Oct 29 — The Federal Trade Commission is examining several firms such as Target and Delta for possible violations of pe...
Oct 31 — The inquiry focuses on dynamic pricing and its impact on worker pay....
This story has been closely followed by our readers since Oct 29. The Norton Gate Practice desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Thursday, Nov 5.
Editor's note: this report was prepared by the Norton Gate Practice desk and last updated 15:19 UTC.
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