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● LIVE Updated 1h ago · 13 sources tracked

EXCLUSIVE: US FTC demands Walmart, Uber, Delta and others hand over data on personalized pricing

The US Federal Trade Commission (FTC) is ordering nine companies, including Walmart, Uber, and Delta Air Lines, to provide detailed information on how they use consumers' personal data to set individual prices, wages, and job offers. The FTC wants to know if and how these companies use data such as location, browsing history, and income to personalize prices. This inquiry is focused on understanding the use of personal data in pricing and compensation practices.

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  • ✓ The US Federal Trade Commission is demanding information from Walmart, Uber, and seven other companies on whether and how they use consumers' personal data to set individual prices, wages, and job offers.
  • ✓ The FTC is seeking data on the use of personal data such as location, browsing history, and income to personalize prices.
  • ✓ The inquiry is focused on understanding the use of personal data in pricing and compensation practices.
🛡️ Source Corroboration: 13 independent reporting domains (85% confidence) ⏱ Read time: ~2 min

What changed

The FTC officially announced its inquiry, ordering nine companies to provide detailed information on their use of personal data in pricing and compensation practices.

Live updates

  1. US FTC demands data from Walmart, Uber, Delta on personalized pricing

    The US Federal Trade Commission (FTC) is ordering nine companies, including Walmart, Uber, and Delta Air Lines, to provide detailed information on how they use consumers' personal data to set individual prices, wages, and job offers. The FTC wants to know if and how these companies use data such as location, browsing history, and income to personalize prices. This inquiry is focused on understanding the use of personal data in pricing and compensation practices.

    Why it matters

    The FTC's inquiry comes amid growing concerns about the use of artificial intelligence and personal data in pricing practices. Consumers have expressed concerns that retailers may be using AI to inflate prices. The FTC is seeking transparency on how companies use personal data to set prices and wages, which could lead to changes in regulations or enforcement.

    What is confirmed

    • The US Federal Trade Commission is demanding information from Walmart, Uber, and seven other companies on whether and how they use consumers' personal data to set individual prices, wages, and job offers.
    • The FTC is seeking data on the use of personal data such as location, browsing history, and income to personalize prices.
    • The inquiry is focused on understanding the use of personal data in pricing and compensation practices.

    Still unconfirmed

    • Consumers have expressed concerns that retailers may be using AI to inflate prices.

    What to watch next

    • FTC's findings and potential conclusions from the inquiry
    • Companies' responses to the FTC's demands for information
    • Possible regulatory changes or enforcement actions resulting from the inquiry
    Sources used for this update (11)
    1. Reuters — EXCLUSIVE: US FTC demands Walmart, Uber, Delta and others hand over data on personalized pricing
    2. 10TV — FTC orders Walmart, Delta and others to share how they use personal data to set prices and pay
    3. WSJ — Why So Many Shoppers Think Retailers Are Using AI to Jack Up Prices
    4. CNBC — FTC demands Walmart, Uber, Delta and others hand over data on personalized pricing: Reuters
    5. Yahoo — The FTC asks companies from Uber to Walmart about how they personalize the prices you pay
    6. nypost.com — FTC demands Walmart, Target Uber hand over data on ...
    7. www.yahoo.com — Exclusive-US FTC demands Walmart, Uber, Delta and ... - Yahoo
    8. ca.finance.yahoo.com — Exclusive-US FTC demands Walmart, Uber, Delta and others hand ...
    9. www.ftc.gov — FTC Launches Personalized Pricing and Compensation Inquiry
    10. www.theguardian.com — FTC orders Delta, Uber and others to hand over data on ...
    11. finance.yahoo.com — FTC orders Walmart, Delta and others to share how they use ...
    confidence 85%
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