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Earlier quoted context omitted.
Yeah, sounds like a law that's passed because it sounds/polls good (ie. "affordability"), even though it's addressing a non-existent problem and is trivial to work around.
Uber pays drivers differential rates depending on how desperate they believe the driver to be. I can believe that UberEats demands a higher premium depending on the item and what they infer about you.
Earlier quoted context omitted.
Uber pays drivers differential rates depending on how desperate they believe the driver to be. I can believe that UberEats demands a higher premium depending on the item and what they infer about you.
Right, but the law mentioned in TFA is specifically for grocery stores
Maryland’s law bans grocers and third-party delivery services from using a person’s personal data to set higher prices.Sadly, this article doesn't explain how this "surveillance pricing" (which is just a scarier-sounding synonym for "dynamic pricing") would even work in a physical grocery store. Like, prices are displayed on the shelf for everyone to see. And they have to match what you pay at checkout. So how the heck would a grocery store even do this? And this law is specifically around grocery stores . Like, there was a big kerfu…
That's how
Is this why grocery stores are so keen to get you to use their coupon app or hand them your phone number? I always refuse, but I always wondered what they do with the data.
The amount of "discount" is so much that they must be getting a large income stream from the data. Whenever I see something where the shelf sticker claims a lower price for "digital coupon" (meaning: use their app), I put the item back onto the shelf and move on. I'm willing to use the loyalty cards, but I am not willing to allow the sort of surveillance data that phone apps provide. Margins on items at grocery store…
Sadly, this article doesn't explain how this "surveillance pricing" (which is just a scarier-sounding synonym for "dynamic pricing") would even work in a physical grocery store. Like, prices are displayed on the shelf for everyone to see. And they have to match what you pay at checkout. So how the heck would a grocery store even do this? And this law is specifically around grocery stores . Like, there was a big kerfu…
I can’t seem to square the positions.
Is it weird to be pro free market but to be against this kind of pricing? I can’t seem to square the positions.
Earlier quoted context omitted.
Buyers and sellers should be able to negotiate prices however they want. It is how markets have worked since the dawn of human trading. It would also be costly to police. If the problem is that a grocery store has a monopoly in an area, then that is a different problem fixed by adding grocery store(s).
Most pricing laws are built on the idea that this isn't OK. For example, I can't negotiate pricing directly with an automobile manufacturer. I have to go through a dealer so I am "protected".
You should justify why it is improving price (or something) for consumers if you want to hold it up as an example.