State Lawmakers Misguidedly Target Grocery Pricing Technologies Instead of Actual Consumer Harms
By
Eli Clemens
Summary
The article argues that state lawmakers in New Jersey, Oklahoma, and Tennessee are misguidedly targeting the technologies that enable dynamic grocery pricing (such as discounts on near-expiry items or price adjustments due to supply shocks like avian flu). It contends that these regulations focus on the mechanism of pricing rather than specific practices that actually harm consumers, and that part of the problem is a conceptual misunderstanding of how supply-and-demand pricing works in grocery retail.
Source
Key quotes
· 3 pulledYet lawmakers in states such as New Jersey, Oklahoma, and Tennessee are considering restrictions on the technologies that enable these adjustments.
In doing so, they risk targeting the mechanism of pricing rather than the specific practices that may harm consumers.
Part of the problem is conceptual.
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