Getting the Definitions Right: Distinguishing Between Ethical and Unethical Forms of Personalized Pricing

Technology continues to transform how Americans shop, travel, and make purchasing decisions. With that transformation has come growing scrutiny from policymakers over how companies use consumer data and whether that data is being used to determine the prices consumers pay. Consumers should be protected from deceptive or unfair practices, particularly when sensitive personal information is secretly used to determine that an individual is willing to pay more. But as policymakers examine “personalized pricing,” getting the […]

The post Getting the Definitions Right: Distinguishing Between Ethical and Unethical Forms of Personalized Pricing appeared first on LODGING Magazine.

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