alt Hacker NewsGrocery stores have smaller margins and more options compared to pretty much any industry, yet politicians seem to think they are the cause of all of our ills.
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I'm always shocked at how much anti-capitalism and anti-competition there is in the US.
I was taught that the power of consumer choice could reign in markets, but when I look around I see more and more companies working harder and harder to make themselves completely insulated from consumer choice.
Now our darlings are companies that are like massive prisons that promise that everyone will be interned in in the future.
It’s just pandering to voters who don’t know better. See: price of eggs in the last election.
No, grocery stores will be the weakest entry point to have the customer get used to get individual pricing. It's not the store owners themselves but big data businesses who do the pricing for them. Essentially taking the freedom away from the shops even further while at the same time squeezing even more money out of customers. This totally distorts supply and demand.
Grocery stores have tiny margins and that's great. Let's keep it that way, it benefits all consumers. One way to prevent them from expanding their margins is to ban so-called "dynamic pricing".