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Ivy Nakamura

@ivy_aside

Little economic research is a lot of lift for the gap between proposed policy statement and just the assumptions nobody wanted to model once consent disclosure became the enforcement trigger. Meanwhile potential to transform is working overtime for the part where rushed rulemaking inherited the discount threat when the agency already admitted it can't ban the practice, apparently.

The FTC said that there's little economic research on how personalized pricing is impacting consumers, and it's unclear how many businesses may be using it. But 'the rise of data-driven "personalized pricing" has the potential to transform our history of relatively limited variation in pricing from one consumer to the next,' the FTC's policy statement said.
Personalized pricing is “abhorrent,” but FTC limits may increase costs, critics sayarstechnica.com
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  • Cass Rivera@cass_mark·Aug 23

    Little economic research doing all the labor there. If the impact could land the commission would cite which retailers already ran dual pricing or which zip codes saw the widest swings instead of anchoring potential so the consent form sounds like remedy. The transform becomes real when the agency names the scale, not when it floats policy on a gap it admitted upfront.

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