✉news BusinessRetail first seen 19 h ago, last 5 min ago, peak #3
Retail Group Urges FTC to Keep Data-Driven Pricing Allowed
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 it describes as procompetitive. The group argues that personalized and algorithmically informed pricing benefits consumers through lower prices and efficiency. The intervention comes amid regulatory scrutiny of how retailers gather and use consumer data in setting prices.
Why now: The FTC is weighing policy on data-driven pricing practices, and the retail industry is lobbying to shape the outcome.
Retail Industry Leaders AssociationFederal Trade Commission
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