Submission + - Surge Pricing on Groceries (npr.org)
loveandpeace writes: In what is clearly a dystopian capitalistâ(TM)s dream, Wal-Mart is installing electronic shelf labels to be able to change the prices on products in response to demand, possibly while they are in your cart. From the article: âoeIf itâ(TM)s hot outside, we can raise the price of water and ice cream.â
Releasing this during a national heat wave in the US is just saying the quiet part out loud. Theyâ(TM)ll call it surge pricing, but itâ(TM)s actually price gouging. Itâ(TM)s not hard to imagine another Ticketmaster fiasco scenario, but this time for water.
Releasing this during a national heat wave in the US is just saying the quiet part out loud. Theyâ(TM)ll call it surge pricing, but itâ(TM)s actually price gouging. Itâ(TM)s not hard to imagine another Ticketmaster fiasco scenario, but this time for water.
