FTC to study surveillance pricing methods of Mastercard, Chase, other companies  ...Middle East

The Federal Trade Commission (FTC) issued orders for eight companies to provide information about surveillance pricing as it seeks to study the potential impacts such practices have on privacy, competition and consumer protection, the agency said Tuesday.   The FTC issued orders to Mastercard, Revionics, Bloomreach, Chase, Task Software, PROS, Accenture, and McKinsey & Co.   The eight companies advertise their use of artificial intelligence and other technologies, along with real-time customer information, to target prices of individual consumers, the agency said.   The aim is for the orders to help the FTC udnerstand the market for third-party products that use algorithms and AI

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