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The FTC is cracking down on companies that charge you a "personalized price"

⁨52⁩ ⁨likes⁩

Submitted ⁨⁨1⁩ ⁨week⁩ ago⁩ by ⁨sanitation@lemmy.today⁩ to ⁨technology@beehaw.org⁩

https://www.techspot.com/news/113557-ftc-warns-companies-over-ai-powered-personalized-pricing.html

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Comments

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  • BCsven@lemmy.ca ⁨1⁩ ⁨week⁩ ago

    Should adopt the Indian system where items have a government set maximum price on items and its printed on the item.

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    • moldy_rice@piefed.keyboardvagabond.com ⁨1⁩ ⁨week⁩ ago

      iirc that’s lead a lot of farmers to commit suicide

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      • BCsven@lemmy.ca ⁨1⁩ ⁨week⁩ ago

        That’s a different issue, if the selling price doesn’t cover costs it gets adjusted, its meant to prenet citizens being ripped of by price gouging practices or like the bread price fixing scandal we have in Canada.

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  • irotsoma@piefed.blahaj.zone ⁨1⁩ ⁨week⁩ ago

    Disclosure isn’t “cracking down”. I think it’s becoming common knowledge anyway or the FTC would never even go that far, especially the current administration.

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  • unitedwithme@lemmy.today ⁨1⁩ ⁨week⁩ ago

    Haha, yeah right, so ALL airlines in the US would then be changed?? Doubt it.

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  • Quexotic@beehaw.org ⁨1⁩ ⁨week⁩ ago

    So long as my local grocery store blocks con traffic, I will distrust them.

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    • colournoun@beehaw.org ⁨1⁩ ⁨week⁩ ago

      “Blocks con traffic” - what’s that?

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      • Quexotic@beehaw.org ⁨1⁩ ⁨week⁩ ago

        VPN needs to be added to my dictionary on this new KB app

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