FTC Probes Big Brands Over Secret Price Changes
The FTC wants to know if major brands track your personal data to charge you higher prices.
You might pay more than your neighbor for the exact same plane ticket or grocery order. Regulators want to know if big companies track your personal habits to raise prices.
The Federal Trade Commission ordered nine massive corporations to open their records. The target list includes Delta and Walmart. Officials study a tactic called surveillance pricing.
Companies gather deep details about your home area and shopping habits. Regulators suspect firms feed this data into computers to set unique price tags.
Check prices across different devices before you buy online. Comparing costs helps protect your wallet while the government investigates these corporate practices.
Source: Fox Business
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