Eight large companies, including Mastercard and JPMorgan Chase, have been ordered by the Federal Trade Commission (FTC) to provide detailed reports about their possibly secret use of artificial intelligence (AI) to track customers and use the information to set prices.

Adrianne Appel writes regulatory news, policy, and trends for Compliance Week. She previously reported about policy developments for Bloomberg Law and Bloomberg Government. Email: adrianne.appel@complianceweek.com LinkedIn:...