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Surge pricing your groceries: What could go wrong? | CNN Business

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Summary
Nutrition label

66% Informative

There’s nothing new about surge pricing, or “dynamic pricing” as industry proponents call it.

Companies are harnessing huge amounts of data to fine-tune their pricing power in places customers might not expect.

US lawmakers raised the alarm over dynamic pricing in grocery stores via electronic shelf labels.

Variable pricing models serve as a blunt tool to give more power to companies, Bertini says.

They provide a “convenient source of abstraction” for consumers.

The more retailers obscure the base price of everyday items, the less power we wield to vote with our wallets.

VR Score

59

Informative language

53

Neutral language

27

Article tone

informal

Language

English

Language complexity

50

Offensive language

possibly offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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