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FTC orders nine companies to turn over personalized pricing data

The Federal Trade Commission is demanding that nine airlines, ride-share firms and retailers disclose how they use algorithms and loyalty programs to set different prices and wages.

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The Federal Trade Commission is demanding information from nine major companies about how they use algorithms and loyalty programs to set prices and pay. The Guardian reports the inquiry covers consumer prices and driver wages.

The companies named are Delta, United, JetBlue, Lyft, Uber, DoorDash, Instacart, Target and Walmart. CNBC, citing Reuters, reported the demands on Wednesday. It quoted an official who said Target, Lyft, DoorDash, Instacart, Delta, United and JetBlue are also receiving them.

The Guardian says the regulator wants each company to account for why and how it charges different customers different amounts for the same product or service. It also wants to know how drivers end up with different pay.

The Guardian says the inquiry follows investigations and lawsuits. These allege that consumers are charged different prices based on their buying histories. They also allege that drivers are paid different fares based on their personal histories.

Reported by

  1. CNBCFTC demands Walmart, Uber, Delta and others hand over data on personalized pricing: ReutersWed, Oct 28, 2:51 PM EDT
  2. The GuardianFTC orders Delta, Uber and others to hand over data on algorithmic pricingThu, Oct 29, 6:00 AM EDT

This story was written by AI using only the reports listed above, and published without a person reviewing it first. It is rewritten as new reports arrive. Read the original reporting for full detail. Spot an error? Tell us.