Maryland Becomes First State To Pass Bill Banning ‘Surveillance Pricing’ – Stefan Buchholz DOT com

Maryland is poised to become the first state in the country to ban “surveillance pricing.” The practice refers to companies using a shopper’s personal data, such as browsing history, location, or purchasing behavior, to tailor prices to individual customers. The Protection From Predatory Pricing Act, passed this month and sent to the governor for a signature, would prohibit food retailers and third-party delivery services from using the practice. Violations would be treated as deceptive trade practices under state law, with potential fines and lawsuits. While Consumer Reports called the move “encouraging,” it warned that the final version contains “loopholes” that don’t fully protect consumers. Some of the exemptions noted in the report include “applying the ban only to the use of personal data to set higher prices without establishing a baseline or standard price; exempting pricing tied to loyalty or membership programs, even if prices are higher; and exempting pricing linked to subscriptions or subscription-based services.”

Categories: Leben (Life aka misc)