this post was submitted on 20 Jan 2025
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278
FTC: Companies Are Using Your Data for Individualized 'Surveillance Pricing' (www.pcmag.com)
submitted 3 days ago by [email protected] to c/[email protected]
41 comments fedilink hide all child comments
 

Your personal data, including your precise location, browser history, and even your mouse movements, is being used by some companies to show different prices for the same products—a phenomenon the FTC has dubbed "surveillance pricing."

According to a new FTC report, retailers are hiring "intermediary firms" to algorithmically tweak and target their prices. 

"Instead of a price or promotion being a static feature of a product, the same product could have a different price or promotion based on a variety of inputs—including consumer-related data and their behaviors and preferences, the location, time, and channels by which a consumer buys the product," the FTC says.

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[–] [email protected] 15 points 3 days ago (2 children)

4 years

If we're lucky. And even if we have another president and that president is a Democrat and even if that president has a Democrat super majority in the House and Senate, I am not convinced that they will prioritize breaking up monopolies.

[–] [email protected] 2 points 3 days ago

Well, they certainly didn't for the last 20 years. They tried in the last 4 but were ultimately too inefficient and time ran out. But they definitely won't in the next 4.

[–] [email protected] 9 points 3 days ago (1 children)

Correct, DNC is there to ensure that Democrats never do anything too much to hurt the owner class.

[–] [email protected] 4 points 3 days ago

100%

They only take action to punch down any potential actual left-leaning candidates, ensuring no progressive representation ever gathers power stations.