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Submission Summary: 0 pending, 21 declined, 3 accepted (24 total, 12.50% accepted)

Submission + - Surge Pricing on Groceries (npr.org)

Submitted by loveandpeace
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.

Submission + - Surge Pricing on Groceries (npr.org)

Submitted by loveandpeace
loveandpeace writes: Straight out of 1984, Firebreak, and every other dystopian capitalism novel ever, Wal-mart is adopting electronic shelf labels to allow store-wide price changes in response to demand.

From the article:
âoeIf itâ(TM)s hot outside, we can raise the price of water and ice cream. If there's something thatâ(TM)s close to the expiration date, we can lower the price â" thatâ(TM)s the good news,â said Phil Lempert, a grocery industry analyst

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