{"id":401700,"date":"2025-11-24T16:52:16","date_gmt":"2025-11-24T16:52:16","guid":{"rendered":"https:\/\/www.europesays.com\/us\/401700\/"},"modified":"2025-11-24T16:52:16","modified_gmt":"2025-11-24T16:52:16","slug":"how-does-this-new-york-law-protect-you-from-algorithm-price-tricks-focus-economy","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/401700\/","title":{"rendered":"How Does This New York Law Protect You from Algorithm Price Tricks | Focus Economy"},"content":{"rendered":"

\"Money\"<\/p>\n

\"\"<\/p>\n

AP<\/p>\n

Susan Walsh<\/p>\n

ALBANY, N.Y. — A new law in New York State helps to protect consumers from secret online price hikes.<\/p>\n

The surveillance pricing law is now in effect.<\/p>\n

According to the Gov. Kathy Hochul’s office, this law requires businesses to disclose when prices are set by algorithms using personal data.<\/p>\n

Hochul said, \u201cAs we enter the busy holiday shopping season, New Yorkers deserve to know they are getting a fair deal when shopping online.\u201d<\/p>\n

The governor’s office continued that with today’s technology “corporations are able to collect mountains of personal data, feed it into algorithms, and generate a price that’s individual to a consumer. This practice, which the FTC has dubbed surveillance pricing, means a company could be charging you and your neighbor different prices for the same product, based on your individual willingness to pay.”<\/p>\n

This practice can hinder consumers’ ability to comparison shop.<\/p>\n

“By requiring companies to be upfront when setting prices based on personal data, we are giving shoppers the transparency they need to make smart choices and keep more of their hard-earned money in their pockets,” Hochul said.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"AP Susan Walsh ALBANY, N.Y. — A new law in New York State helps to protect consumers from…\n","protected":false},"author":3,"featured_media":401701,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5122],"tags":[190137,190140,5229,8771,3228,405,403,17050,5226,5225,5228,5227,190138,190141,190139,130988,67,586,132,5230,68,2969],"class_list":{"0":"post-401700","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-algorithm-price-setting","9":"tag-algorithmic-price-setting","10":"tag-america","11":"tag-hochul","12":"tag-law","13":"tag-new-york","14":"tag-new-york-city","15":"tag-new-york-state","16":"tag-newyork","17":"tag-newyorkcity","18":"tag-ny","19":"tag-nyc","20":"tag-online-retail","21":"tag-personal-data","22":"tag-price-law","23":"tag-state-of-new-york","24":"tag-united-states","25":"tag-united-states-of-america","26":"tag-unitedstates","27":"tag-unitedstatesofamerica","28":"tag-us","29":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115605716864872671","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/401700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=401700"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/401700\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/401701"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=401700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=401700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=401700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}