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Are you paying more than other people? NY cracks down on surveillance pricing
When you search for a product online, you might think you're getting the same price as everyone else. Think again. Your price might be different based on everything from your location to what you've looked at online. Companies often use algorithms to set their prices that rely heavily on customer...
Surveillance pricing is “evil and sinister,” explains Justin Kloczko (Lock and Code S06E04)
This week on the Lock and Code podcast … Insurance pricing in America makes a lot of sense so long as you’re one of the insurance companies. Drivers are charged more for traveling long distances, having low credit, owning a two-seater instead of a four, being on the receiving end of a car crash,...
Your location or browsing habits could lead to price increases when buying online
Companies are showing customers different prices for the same goods and services based what data they have on them, including details like their precise location or browser history. The name for this method is surveillance pricing, and the FTC has just released initial findings of a report lookin...