This is also called "Dynamic Pricing," and it couldn't exist without the new electronic shelf tags that most grocery chains are now adopting. Those electronic tags enable up-to-the-second price changes, almost invisible to shoppers. Walmart has strenuously denied doing this "surveillance" pricing which takes into account how THEY calculate the "willingness to pay" a higher …
Continue reading Surveillance Pricing in stores where you shop
My bet is that the vast majority of my readers shop at Amazon all the time. The first site they think of for shopping for just about anything starts there. Well, you might want to re-think that behavior, once you read the post below. Just FYI, I live in Amazon home-office territory, and I never, …
Continue reading Guest Author: Ricardo on Online retail price-fixing. Illegal, led by Amazon.
Warren and Sanders are picking a big fight with Amazon.com over its supposed low level of income tax payments to their government. The two senators are fighting, along with the majority of their Leftist colleagues, to raise the tax rate on big companies, so they will "pay their fair share" into government coffers. However, basic economics …
