Major retailers can tailor prices based on customer data including location, demographics or shopping history, the US Federal Trade Commission said in initial study findings, raising concerns about the use of what they termed “surveillance pricing.
The Federal Trade Commission on Friday sued PepsiCo, alleging the beverage company forced many consumers to pay higher prices by providing a single large retail buyer with unfair pricing advantages. The lawsuit,
The ruling, which went into effect this week, requires businesses to make canceling a subscription as easy as signing up for it in the first place.
The Federal Trade Commission on Friday said it has reached a settlement with Welsh, Carson, Anderson & Stowe and its affiliates in a case that accused the private equity firm of suppressing competition for anesthesiology services in Texas through its portfolio company U.
In a rare move, the FTC issued a statement that revealed it referred a complaint against Snap to the DOJ, alleging an AI-powered chatbot is harmful to users.
Pharmacy benefit managers, which serve as the middlemen between drug makers, insurers and pharmacies, reaped $7.3 billion in revenue from marking up the prices of dozens of specialty generic drugs between 2017 and 2022,
From 2017 to 2022, the companies marked up prices at their pharmacies by hundreds or thousands of percent, netting them $7.3 billion in revenue.
Amateur astronomers who have purchased telescopes from leading suppliers in the U.S. may be entitled to a payment from a class action settlement.
The FTC has reached a proposed settlement with GM, prohibiting the automaker from sharing customer geolocation and driving behavior data.