What if when you bought a new Mac book, the price was higher because your tweets constantly referenced your love and devotion for Apple? What if Orbitz used the fact that your Facebook Likes include “Party Rocking in Miami” to charge you more for a flight to Miami?
This is called online behavioral pricing. It’s a consumer’s worst nightmare as it uses the traces of your online identity to maximize prices on the products and services you want most. It’s also an ecommerce merchant’s dream.
The Labour leader says that the Government must take a more positive approach to stop British consumers from being exploited by “predatory” companies.
In an interview with The Daily Telegraph, he says a tough new consumer watchdog should be created to limit pension fees, car parking charges and airline levies.