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You can't see you mean? Consumers pick things that are reasonably convenient, achievable and known to them. These things are all subject to exploitative tactics
by Throaway199999 5mo ago
You can't see you mean? Consumers pick things that are reasonably convenient, achievable and known to them. These things are all subject to exploitative tactics by grocery stores.
There's also price-fixing, which famously occurred in Canada recently.
Not to mention cornering a market like Walmart would and removing consumer choice entirely.
- estearum 5mo agoAll of these are separate issues from dynamic pricing
- Throaway199999 5mo agoYou were not asking about dynamic pricing. You were asking why you weren't able to see the reason that consumers don't always find & choose the cheapest option. The person you were responding to was explaining the unethical realities of food retailers. There's no reason why these would disappear with dynamic pricing.
- estearum 5mo agoNo, the entire conversation is about a change toward dynamic pricing. My comment about pricing is that dynamic pricing doesn't change the competitive dynamic between retailers. You are chiming in and saying "well there are other competitive/noncompetitive dynamics at play," which I agree with and never disputed and am not talking about.
- Throaway199999 5mo agoWhat GP is saying is that dynamic pricing will not lead to lower prices because retailers will not lower their prices, they will collude.