FTC Alleges Retailers Used User Data For Tailored Pricing
The Federal Trade Commission (FTC) filed allegations that some large retailers used user information, including location and device data, to set tailored prices for goods and services.
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Sources · 7 independent
1010 WINS NYC
“Federal Trade Commission went out and filed out some big retailers were using information from users, such as your location and your device, to set tailored prices for goods and services. For example, they use a spike in pricing for certain items purchased by senior citizens around the same time of the month when they get their Social Security checks.”
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