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FTC, Surveillance and Consumer Data
FTC: Companies Are Using Your Data to Set Individualized Prices
The FTC report says that "Americans deserve to know how their private data is being used to set the prices they pay and whether firms are charging different people different prices for the same good or service.
FTC Says Consumer Data Is Behind ‘Surveillance’ Pricing
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.
FTC Release: FTC Surveillance Pricing Study Indicates Wide Range of Personal Data Used to Set Individualized Consumer Prices
The agency details interim insights from staff perspective examining how companies track consumer behaviors to inform surveillance pricing The Federal Trade Commission's initial findings from its surveillance pricing market study revealed that details like a person's precise location or browser history can be frequently used to target individual consumers with different prices for the same goods and services.
FTC study finds intermediaries survey consumer habits to advise retailers on price
Third-party intermediaries are keeping close tabs on your location, browsing history, even on the unpurchased items in your online shopping cart to give retailers the data they need to charge consumers different prices for the same products.
Microsoft, AI and FTC
FTC says partnerships like Microsoft-OpenAI raise antitrust concerns
The Federal Trade Commission said in a staff report issued Friday that there are potential competitive issues in partnerships between big tech companies
The FTC is concerned about Big Tech-AI startup partnerships — Microsoft-Open AI raises alarms
The FTC warns that multi-billion-dollar partnerships between Big Tech and AI startups could lead to the monopolization of the AI and cloud computing sectors.
FTC examines AI deals between Microsoft & OpenAI, Amazon, Google & Anthropic
The U.S. Federal Trade Commission (FTC) on Friday found that the partnerships between Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN) and Alphabet's (NASDAQ:GOOGL)(NASDAQ:GOOGL) Google with OpenAI and Anthropic allows for the potential of the artificial intelligence (AI) developers being "fully acquired" by the tech giants.
Genshin Impact, FTC
Genshin Impact’s developer to pay $20 million fine to settle FTC charges
The Federal Trade Commission announced on Friday that Genshin Impact developer Cognosphere has agreed to a $20 million settlement and several restrictions on how it sells its loot boxes and manages children’s personal data.
Genshin Impact Publisher Hit With $20M FTC Fine for Marketing Loot Boxes to Children
The Federal Trade Commission (FTC) announced that companies misleading players about the “true cost of in-game transactions” will be “held accountable.”
FTC orders Genshin Impact's developer to block young teens from making in-game purchases
Kids and younger teens might soon be unable to play Genshin Impact's gachas. The developer behind the game has agreed to block players under 16 years old from making in-game purchases without parental consent in order to settle a complaint from the Federal Trade Commission.
PepsiCo, Walmart and FTC
FTC sues PepsiCo, alleges 'rigged' soft drink competition
The Federal Trade Commission on Friday filed a lawsuit against PepsiCo, Inc., alleging the company engaged in illegal price discrimination by giving an unnamed "large, big box" retailer unfair pricing advantages, while raising prices for others.
FTC Sues PepsiCo, Alleging It Gave Walmart Unfair Pricing Advantage
Outgoing agency Chair Lina Khan has filed a raft of measures during her last week in office.
US Lawsuit Accuses Pepsi Company of Price Discrimination That Favored Walmart Over Smaller Stores
A lawsuit filed by the Federal Trade Commission alleges that food and beverage maker PepsiCo engaged in illegal price discrimination by giving unfair price advantages to one big-box retailer
15h
This property manager operating in Wisconsin is being sued by the FTC. What to know.
The FTC said property manager Greystar charged consumers hidden fees adding up to "hundreds of millions of dollars." ...
2d
FTC's 'click to cancel' just kicked in, but unsubscribing may not get easier for months - here's why
The ruling, which went into effect this week, requires businesses to make canceling a subscription as easy as signing up for ...
2d
on MSN
UnitedHealth Charged Cancer Patients 5000%, Bombshell FTC Report Claims
The FTC report found that from 2017 to 2022, three PBMs—UnitedHealth Group's Optum, CVS Health's CVS Caremark and Cigna's ...
1d
FTC Takes On Deere & Co. In New Right-To-Repair Fight
The agency filed suit against Deere over its software repair tool, only available to authorized repair shops, which has led ...
2d
on MSN
FTC refers Snap complaint alleging its chatbot harms young users
In a rare move, the FTC issued a statement that revealed it referred a complaint against Snap to the DOJ, alleging an ...
1h
on MSN
Bassinet backlash reflects debate over adding fees to connected devices
Some experts see the addition of subscription fees to the popular Snoo bassinet as an example of how the smart device ...
centerforbiosimilars
2h
FTC Releases Second Report on PBMs Meddling in Generic Drug Markets
The 3 largest pharmacy benefit managers (PBMs) increased many specialty generic drugs prices by hundreds of percent, with ...
3h
After disasters, people are especially vulnerable to scams. Here’s how to protect yourself
While disasters can lead scammers to take advantage of vulnerable groups by impersonating representatives from relief and ...
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