WASHINGTON — Today, Congressional Progressive Caucus Chair Pramila Jayapal (WA-07) issued the following statement applauding Chairwoman Khan and the FTC’s decision to open an investigation into the practice of surveillance pricing.
"Time and time again, corporations and their consultants have employed exploitative tactics to hoard wealth and power as working people struggle to get by. The alarming rise of surveillance pricing—the use of algorithms and artificial intelligence to customize prices based on consumers’ personal data—raises serious concerns around privacy, competition, and consumer protection. Americans deserve to know whether companies are harvesting their personal information to grow their profit margins at the expense of consumers everywhere. The Progressive Caucus applauds FTC Chair Lina Khan for initiating this investigation, and we look forward to seeing the results. We encourage the FTC to take immediate action to remediate consumer harm if evidence of illegal behavior emerges during the course of the investigation.”
