✉news BusinessRetail first seen 7 h ago, last 49 min ago, peak #3
Retail Group Urges FTC to Keep Data-Driven 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 US Federal Trade Commission to preserve retailers' ability to use data-driven pricing, arguing such practices are procompetitive. The group's position puts major retailers at odds with regulatory scrutiny of personalized and algorithmic pricing, and the debate touches on consumer privacy, price discrimination concerns and how antitrust law should treat modern retail technology.
Why now: Ongoing FTC scrutiny of algorithmic and personalized pricing has prompted industry groups to lobby for their interests.
Retail Industry Leaders AssociationFederal Trade Commission
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