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That could have big implication on hospitality sector / airlines. All the pricing and profits are literally driven by this.
by throwaway888abc 6y ago
That could have big implication on hospitality sector / airlines. All the pricing and profits are literally driven by this.
- goatcode 6y agoCould it apply to online retailers like Amazon, too?
- alisonkisk 6y agoNo, it won't, and, no, they aren't. This is a price gouging case, not an algorithmic pricing case. There's nothing new here, except that some companies run software that recommends illegal prices. Oregon only allows 15% surcharge during emergencies. https://www.doj.state.or.us/consumer-protection/sales-scams-fraud/price-gouging/ https://www.doj.state.or.us/consumer-protection/sales-scams-...
- MeinBlutIstBlau 6y agoThe issue here is the software wasn't aware of the fires. It was just thinking "oh were packed? Better increase the price! The average manager has no control over that. They can manually override each charge if they wanted to, but then they get chewed out for doing something humane that their psycho owner may not have. This is the best solution to the problem. Punish the people at the top. You bet that will trickle down real quick.