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New York's state budget now requires businesses to disclose when they use personal data to set prices, like charging more based on spending history. This law faces legal challenges, but it aims to bring transparency to pricing strategies. Former FTC chair Lina Khan supports the law but acknowledges more regulation is needed.
The article discusses the impact of tariffs on retail pricing strategies, highlighting a CEO's insights on how retailers are managing inventory and pricing amid rising tariff costs. It emphasizes the delayed effect of tariffs on consumer prices and the cautious approach retailers take to avoid alienating customers as they navigate increased costs.