This may be as good as it gets: NZ and Australia face a complicated puzzle when it comes to supermarket prices
"The day after President Donald Trump announced his sweeping “Liberation Day” tariffs, pricing guru Craig Zawada held an urgent summit for his clients. The global economy was roiling with anxiety, and stocks were in a tailspin, but Zawada had a more hopeful message to impart: For the businesses deploying his company’s “smart pricing” software, this was a rare opportunity.
“There is perhaps more of a window to make changes to your pricing than there has been before,” Zawada said. Consumers, he explained, were bracing themselves for tariff sticker shock: “Customers expect change.”
“Now,” he said, “is the time to take advantage.”
Zawada works for PROS Holdings, a company that provides software services helping companies price their products, tailored in particular to airlines. He’s part of a cottage industry of “pricing optimization” consultants who, using lessons learned from pandemic price increases, are advising companies across industries on how to hike prices in response to tariffs or even just the threat of tariffs — and then keep them high.
Republican Federal Trade Commission (FTC) chair Andrew Ferguson, the nation’s top antitrust cop, has been warning companies that enforcers are prepared to take action against tariff profiteering. Yet he has effectively given the consultant class a “green light,” as one former FTC official told The Lever, by rolling back an inquiry scrutinizing their practices."
https://www.levernews.com/how-trump-is-helping-price-gougers-exploit-his-tariffs/
By VOTING for DEMOCRATS We Make OUR LIVES BETTER!
Democratic lawmakers across four states have introduced bills this year to stop what’s been dubbed “surveillance pricing” — the term for when a business charges customers different prices for the same product depending on their personal information. #economy #Democrats #pricegouging
https://www.washingtonpost.com/politics/2025/02/20/surveillance-prices-wages-california-ban/
@GossiTheDog pretty shure #Apple's #Greedflation will not result in their #iPhone|s and other products to be sold #cheaper in the #EU, but instead they'll do #PriceGouging even harder!
Or does anyone expect Apple to stop #overcharging for their #AntiRepairDesign|ed products???
Via LA County CJIC: It is illegal to raise prices by more than 10% during an emergency. This law extends to rental property and essential goods and services.
To file a complaint visit dcba.lacounty.gov or call (800) 593-8222.
Fuck off T-Mobile!
No doubt they are happy to increase their prices now that the administration is dismantling the consumer-protection agency.
This isn't normal.
Cards get sold for € 1.100 when their MSRP is€ 600
The fact that neither #FTC nor @EUCommission investigated this #PriceGouging with #FakeMSRP since #GamersNexus reported about it first ages ago speaks volumes about the lack of #regulation.
I recently cancelled my Discovery+ subscription after they increased their monthly subscription fee from £6.99 to £30.99 (yes, you read that right).
They have sent me an email me asking me to fill in a survey to let them know why I cancelled.
But the link to the survey didn't work.
Oh no! How are they ever going to figure out why people are cancelling their subscriptions now! I guess it will forever have to remain a mystery to them.
Detroit's effort to shut down price-gouging parking lots fails in court
Interesting...
Not shure if @fairphone / @Fairphone@social.weho.st / #Fairphone are doing something #sus here but I kinda feel shafted when I can see a Product price jump from €399 to €549...
Seriously, WTF?!
California Attorney General Rob Bonta told LAist partner KCAL News earlier this week that the ban on price gouging applies to housing as well as other essential goods like food, transportation and medical supplies. Bonta said residents should report suspected price gouging through his office’s website.
https://oag.ca.gov/contact/consumer-complaint-against-business-or-company
The people who say, "I don't mind if my phone spies on me. I'm not doing anything illegal" haven't considered the economic impact of corporations spying on them. Now people are getting charged more for fast food on payday, shoppers get charged more for frozen pizza at dinner time, gig workers get paid less if they have credit card debt and are desperate for a gig. This is on top of the monopolistic price gouging.
https://pluralistic.net/2025/01/11/socialism-for-the-wealthy/#rugged-individualism-for-the-poor
@pluralistic
#monopolies #pricegouging #gigworkers #privacy
For price gouging information and reporting in Los Angeles County
Consumer & Business Affairs
Rafael Carbajal, Director
320 W. Temple St. Room G-10,
Los Angeles, CA 90012
(213) 974-9750
Fax: (213) 687-0233
deba@dcba.lacounty.gov
dcba.lacounty.gov
