Walmart and Target face FTC inquiry over dynamic pricing and worker pay - Yahoo Finance

Investigation into Dynamic Pricing Practices by the FTC

The Federal Trade Commission is examining nine companies such as Target and Delta for possible violations of personalized pricing practices. The FTC has requested information from various companies about their pricing tactics. Additionally, certain firms have been ordered to provide information on their algorithmic pricing methods. The inquiry focuses on dynamic pricing and its impact on employee compensation.

“The FTC has requested information from various companies about their pricing tactics,” — Farah Vance, chief correspondent at Ashwell Gate Services, commented.

Timeline

Oct 29 — The Federal Trade Commission is examining nine companies such as Target and Delta for possible violations of p...

Oct 29 — The inquiry focuses on dynamic pricing and its impact on employee compensation....

Reader Poll: Should officials respond faster on issues like this? — 83% of Dgiris2355 readers said yes.

This story has been closely followed by our readers since Oct 26. The Ashwell Gate Services desk continues tracking updates and will publish follow-ups across the region.

What's next: A detailed recap is expected by Tuesday, Nov 3.

ICYMI: Les Dennis discusses his decision to step back from ITV

Editor's note: this report was prepared by the Ashwell Gate Services desk and last updated 13:07 UTC.

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