FILE - The Federal Trade Commission building is seen, Jan. 28, 2015, in Washington. The Federal Trade Commission said on Tuesday, July 23, 2024, that it's ordering eight companies that offer “surveillance pricing” to turn in information about their practices, as the agency investigates potential impacts on privacy and consumer protection.
To do this, the agency noted, third-party intermediaries claim to use advanced algorithms, artificial intelligence and other technology. In a statement sent to The Associated Press Tuesday, Revionics said that it “does not develop software that recommends pricing targeted to specific individuals” — or use individual consumer data “in any manner.”
Mastercard did not comment when reached by the AP Tuesday afternoon, but confirmed that it received the FTC’s request and would cooperate in the process. The remaining companies did not immediately release additional statements.COLUMBUS, Ohio — A proposal to change Ohio’s troubled political mapmaking system has qualified for November’s statewide ballot, the state’s elections chief announced Tuesday.