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Reuters. (2026, October 28). FTC demands Walmart, Target Uber and others hand over data on personalized pricing. New York Post. https://nypost.com/2026/10/28/business/ftc-demands-walmart-target-uber-hand-over-data-on-personalized-pricing/
Reuters. “FTC demands Walmart, Target Uber and others hand over data on personalized pricing.” New York Post, 28 Oct. 2026, https://nypost.com/2026/10/28/business/ftc-demands-walmart-target-uber-hand-over-data-on-personalized-pricing/.
Reuters. “FTC demands Walmart, Target Uber and others hand over data on personalized pricing.” New York Post, October 28, 2026. https://nypost.com/2026/10/28/business/ftc-demands-walmart-target-uber-hand-over-data-on-personalized-pricing/.
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The Federal Trade Commission (FTC) is demanding information from Walmart, Target, Uber, and seven other companies about their use of personal consumer data such as location, browsing history, and income to set personalized prices, wages, and job offers. This request comes from a senior FTC official on October 28, 2026. The targeted companies include app services like Lyft, DoorDash, Instacart, and airlines Delta, United, and JetBlue. The FTC plans to publish a study using this information to help lawmakers understand personalized pricing and wage setting practices, especially as voters prioritize cost-of-living issues ahead of the congressional elections next week. This action is seen as an effort by the FTC to address growing concerns over algorithmic pricing technology that may allow companies to set prices specifically for each shopper based on their maximum willingness to pay.
The FTC is flexing its consumer protection powers ahead of the congressional elections next week, as voters consistently rank the cost of living as the most important issue.
The advance of algorithmic pricing technology, including tools that incorporate AI, has fueled concern that companies are able to set prices for shoppers on an individual basis in order to extract the maximum price each shopper would be willing to pay.