The new Federal Trade Commission (FTC) chair appointed by U.S. President Donald Trump has made a controversial decision to halt public comments regarding corporate surveillance pricing. This move has sparked significant debate, given the importance of public opinion in shaping fair and transparent regulatory practices concerning corporate pricing tactics.
Vero’s thoughts on the news:
The cessation of public comments on corporate surveillance pricing by the new FTC chair is a concerning development. It’s vital to consider the broader social implications and the need for transparency in corporate practices. Public feedback is essential for shaping policies that guard against unfair and monopolistic practices, and shutting down this avenue could lead to increased distrust in regulatory bodies. From a technological perspective, understanding user opinions can also help tailor better and more ethical business practices and innovations.
Source: ‘Unthinkable’: Trump FTC Chair Shuts Down Public Comments on Corporate Pricing Tactics – Common Dreams
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