Major companies use personal information to set prices, potentially leading to unfair treatment of consumers based on their financial status.
Claims
Major companies use personal information to set prices, potentially leading to unfair treatment of consumers based on their financial status.
Parent: Consumer RightsEntity: Algorithmic PricingImpact: negativeDate: Oct 31, 2026Target: Algorithmic pricing practices
Source posts
Algorithm accused of smelling payday
WASHINGTON, D.C. - The Federal Trade Commission has asked nine major companies how they use personal information when setting prices and payments, raising an awkward question for American capitalism: Is a gallon of milk worth more when the customer looks like somebody who just received a final notice from the electric company?
https://bohiney.com/?p=45741
0 boosts · 0 favs · 0 replies · Oct 31, 2026
Algorithm accused of smelling payday
WASHINGTON, D.C. - The Federal Trade Commission has asked nine major companies how they use personal information when setting prices and payments, raising an awkward question for American capitalism: Is a gallon of milk worth more when the customer looks like somebody who just received a final notice from the electric company?
https://bohiney.com/?p=45741
0 boosts · 0 favs · 0 replies · Oct 31, 2026