FTC Seeks Comment on Personalized Pricing Enforcement Policy Statement
- Federal Trade Commission: 3 events in the last 90 days
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What happened
The Federal Trade Commission announced it is seeking public comment on an enforcement policy statement regarding personalized pricing, which is the use of personal data to set prices according to the amount a company believes an individual consumer is willing to pay. The proposed policy statement outlines legal concerns with this practice. The FTC is soliciting input from the public before finalizing the policy statement.
Summary written by AI strictly from the sources below
Why it's spreading
- ConfirmedFTC Press Releases published a first-party announcement
Timeline
- Announced seeking public comment on personalized pricing enforcement policy statFTC Press Releases