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#predatorypricing — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #predatorypricing, aggregated by home.social.

  1. If a store knows, for example, that one of those customers lives in a wealthier neighborhood, it can charge that person a higher price.

    The bill enforcing the ban, the Protection From #PredatoryPricing Act, goes into effect on Oct 1. Merchants face fines of $10k for running afoul of the #law, & penalties of $25k for repeat offenses.

    #law #AI #ArtificialIntelligence #Grocery #PriceGauging #DynamicPricing #SurveillancePricing #surveillance #tech #economy #inflation #affordability #CostOfLiving

  2. If a store knows, for example, that one of those customers lives in a wealthier neighborhood, it can charge that person a higher price.

    The bill enforcing the ban, the Protection From #PredatoryPricing Act, goes into effect on Oct 1. Merchants face fines of $10k for running afoul of the #law, & penalties of $25k for repeat offenses.

    #law #AI #ArtificialIntelligence #Grocery #PriceGauging #DynamicPricing #SurveillancePricing #surveillance #tech #economy #inflation #affordability #CostOfLiving

  3. If a store knows, for example, that one of those customers lives in a wealthier neighborhood, it can charge that person a higher price.

    The bill enforcing the ban, the Protection From #PredatoryPricing Act, goes into effect on Oct 1. Merchants face fines of $10k for running afoul of the #law, & penalties of $25k for repeat offenses.

    #law #AI #ArtificialIntelligence #Grocery #PriceGauging #DynamicPricing #SurveillancePricing #surveillance #tech #economy #inflation #affordability #CostOfLiving

  4. If a store knows, for example, that one of those customers lives in a wealthier neighborhood, it can charge that person a higher price.

    The bill enforcing the ban, the Protection From #PredatoryPricing Act, goes into effect on Oct 1. Merchants face fines of $10k for running afoul of the #law, & penalties of $25k for repeat offenses.

    #law #AI #ArtificialIntelligence #Grocery #PriceGauging #DynamicPricing #SurveillancePricing #surveillance #tech #economy #inflation #affordability #CostOfLiving

  5. If a store knows, for example, that one of those customers lives in a wealthier neighborhood, it can charge that person a higher price.

    The bill enforcing the ban, the Protection From #PredatoryPricing Act, goes into effect on Oct 1. Merchants face fines of $10k for running afoul of the #law, & penalties of $25k for repeat offenses.

    #law #AI #ArtificialIntelligence #Grocery #PriceGauging #DynamicPricing #SurveillancePricing #surveillance #tech #economy #inflation #affordability #CostOfLiving

  6. Taxslayer - hey you can probably file for FREEeEe!!!

    Oh wait, you have home mortgage interest to deduct? That’s SO HARD! Gonna need $50

    And that doesn’t include your State filing, iCanHaz $59 more?

    But I will file your property tax refund form cuz I’m a good bot! #luvYou

    #taxSlayer #taxes #predatoryPricing

  7. Are you a regular flier on Delta Airlines?
    Caveat Emptor!

    Beware! Make no mistake. This is Surveillance Pricing! Also known as predatory pricing or gouge pricing. gizmodo.com/delta-wants-20-of-

    As sated by the CEO: Delta was “optimizing revenue through [its] partnership with Fetcherr,” and “leveraging AI-enhanced pricing solutions.”

    In Surveillance Pricing, retailers are algorithmically tweaking and targeting prices based on a variety of inputs—including consumer-related data and their behaviors and preferences (without consent), the location, time, and channels by which a consumer buys the product.

    Learn more here: ftc.gov/news-events/news/press #DeltaAir #SurvelliencePricing #FTC # AI_enhanced_pricing #Shopping #predatorypricing #gougepricing #DynamicPricing #AI

  8. CW: Long thread/2

    Uber was, is, and always will be a bezzle. There are intrinsic limitations to the profits in operating a taxi fleet, even if you misclassify your employees as contractors and steal their wages, even as you force them to bear the cost of buying and maintaining your taxis.

    The magic of early Uber - when taxi rides were incredibly cheap, and there were always cars available, and drivers made generous livings behind the wheel - wasn't magic at all. It was just #PredatoryPricing.

    2/

  9. They said it couldn't happen. After decades of #antitrust enforcement against #PredatoryPricing - selling goods below cost to kill existing competitors and prevent new ones from arising - the #ChicagoSchool of neoliberal #economists "proved" that predatory pricing didn't exist and that the courts could stand down and stop busting companies for it.

    1/

  10. CW: Long thread/7

    Uber is a pure enshittification play. For more than a decade, the company lost more than 40 cents on every dollar, using #PredatoryPricing to destroy the yellow cab business and public transit. Now it employs ex-cab drivers at half their old wages to drive passengers at twice the old fares. It incinerated the forest and took root in the ashes.

    7/