✉news BusinessRetail first seen 13 h ago, last 1 h ago, peak #3
RILA Urges FTC to Protect Data-Driven Retail Pricing
Original: Retail Industry Leaders Association Encourages FTC to Preserve Retailers’ Use of Procompetitive Data-Driven Pricing
The Retail Industry Leaders Association is pressing the Federal Trade Commission to preserve retailers' ability to use data-driven pricing practices it describes as procompetitive. The group argues that algorithmic and data-based pricing tools benefit consumers, amid regulatory scrutiny of whether such pricing amounts to collusion or unfair practices. The intervention highlights growing tension between retailers and antitrust regulators over pricing technology.
Why now: Ongoing FTC scrutiny of algorithmic and data-driven pricing has prompted industry lobbying ahead of potential regulatory action.
Retail Industry Leaders AssociationFederal Trade Commission
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