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[Opinion] California lawmakers take on ‘surveillance pricing’ as FTC retreats

Summary by Fast Company
You pay $75 more for your hotel room than the guest in an identical room next to yours. A friend is charged an extra $10 while online shopping for the same item. The difference in these prices isn’t a result of simple supply-and-demand economics, but rather algorithms that analyze customers’ personal data in order to maximize what an individual will pay.  “Traditional pricing is based on market forces. Price discrimination is different,” explain…

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Fast CompanyFast Company
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California lawmakers take on ‘surveillance pricing’ as FTC retreats

You pay $75 more for your hotel room than the guest in an identical room next to yours. A friend is charged an extra $10 while online shopping for the same item. The difference in these prices isn’t a result of simple supply-and-demand economics, but rather algorithms that analyze customers’ personal data in order to maximize what an individual will pay.  “Traditional pricing is based on market forces. Price discrimination is different,” explain…

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Trump’s New FTC Chair Takes Fresh Perspective for Agency’s Role on Free Speech

The Federal Trade Commission under President Donald Trump will not tolerate pro-censorship Big Tech monopolies, according to the agency’s new chairman Andrew Ferguson. Ferguson drew the connection between Big Tech’s abuse of market power and aggressive social media censorship during Tuesday’s Free State Foundation 17th Annual Policy Conference. Ferguson promised the audience that he is “looking for exercises of market power that might reveal the…

·Washington, United States
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NewsBusters broke the news in Washington, United States on Tuesday, March 25, 2025.
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