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price increasesCNN
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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
External references
3
Source diversity
3
Affiliate links
no affiliate links