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FTC refunds: Could NJ residents be getting money?

You may soon get a refund check from the Federal Trade Commission. Here's where that money is from and what it's for.

Sources (1)· Oct 19, 11:49 AM

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Consumer apprehension grows as US retailers adopt AI-assisted pricing toolsU.S. consumers are uneasy about the increasingly high-tech ways that restaurant chains and major retailers are setting prices. Digital price tags are replacing paper ones in grocery aisles. Artificial intelligence tools help businesses decide what to charge by predicting how customers might respond. Terms like “dynamic pricing” and “surveillance pricing”…

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The FTC is sending money to people affected by GOAT marketplace’s “deceptive” policies.In 2024, the FTC alleged that GOAT didn’t mail “some priority processing orders as fast as promised” and didn’t have a system in place to honor its “Buyer Protection” policy that promised full refunds for products found to be incorrect. Last year, GOAT settled with the FTC and refunded more than $736,000, and today, the FTC is distributing payments…