FTC Orders 9 Companies to Explain Pricing and Compensation Methodologies
By PYMNTS
AI summary of the source article
The Federal Trade Commission has ordered nine companies to provide detailed information regarding their pricing and compensation methodologies. The information will inform an inquiry into using personal data to determine prices and compensation.
Why it matters
This data will inform the FTC’s newly launched inquiry into the use of personal data to set prices and compensation.
Key facts
- The FTC ordered nine companies to provide details on their pricing and compensation methodologies.
- The data will inform an inquiry into using personal data to set prices and compensation.
Source excerpt · PYMNTS
The Federal Trade Commission (FTC) has ordered nine companies to provide detailed information about their pricing and compensation methodology, the regulator said in a Wednesday (Oct. 28) press release. This data will inform the FTC’s newly launched inquiry into the use of personal data to set prices and compensation, according to the release. The FTC […] The post FTC Orders 9 Companies to Explain…