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‘dynamic pricing’ is one of those things that at the base level i don’t even understand how it can be legal

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My immediate thought was, imagine you pick an item from the shelf marked at $1 and by the time you get to the checkout dynamic pricing has put it up to $1.50.

The serious answer is a two parter: 1) It isn't expressly illegal (because it hasn't been necessary due to business/society shifts) 2) That's literally how all pricing used to be done. Consistent pricing is a pretty recent thing (last hundred or so years)

If you're talking about the Lidl thing, that's just the tags being updated. They're low energy eink displays that can be updated via a device by staff. I'm assuming it's either an error, or someone messing with them They're just updating if there are deals on, it's done once a week on Thursdays

Even if they're not doing it today, I've read that stores are considering changing the prices based on whatever they want on an hourly or even minute by minute basis. If they could get away with it they'd set the price base on who was looking at the sign at the time. Dystopian af

What I don't understand is, how would that even work in a grocery store? Do they use like a grace period where they switch the label but for a while the registers give the cheaper price? If they raise the price in between me picking it up and paying for it, they deserve a life sentence.

I guess it falls into the category of "business practices that are technically legal because they're so obviously evil that anyone who tried them would immediately lose all of their customers, obviating the need for such laws"

and as long as we have a robust legal antitrust system to prevent the formation of monopolies, that theory kinda works we have one of those, right?

You essentially have to implement government price controls to defeat it (which I support), bc there is no legal definition of it that you could possibly make that doesn’t have so many loopholes that it becomes useless

I genuinely feel that the very clear and obvious indicators of the complete moral decay of the United States into nothing but a massive scam to wring every last penny from the majority of it's people have become so normalized through endless social conditioning, that most can't even recognize them

Dynamic pricing sounds like something a high school drug dealer would mention while you did a lap of your block in his car and he explained why the weed cost $10 more than last time.

“With this new business jargon, we can explain to legislators that this isn’t price gouging, we’re just keeping with the laws of supply and demand on a second-to-second basis!”

My response will be to haggle. Hey, if pricing is arbitrary, everything is negotiable. I don't want to live in that world but if that is what is thrust upon me, it is my response to throw my hands up and start blustering.

because we have a system that allows rich people to own us. The distinction being we don't have to have the kind of system that affords wealthy people to opportunity to own us. We could choose something else.

I think it sucks because having grown up in a culture where fixed prices are standard I lacked the skills to do it effectively & if you’re a white person in a lot of these places the almost always correct assumption that the traders will make is that you can afford to pay more than a local