this post was submitted on 28 Feb 2024
112 points (93.1% liked)
Technology
59446 readers
4475 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
God damn this is ridiculous. People need to read the transcripts it's not surge pricing.
What are you talking about? Just because they aren't calling it "surge" doesn't mean it's not surge. Unless you're just saying you prefer the term "gouging"?
Lowering prices, also known as "discounts," and then restoring prices after the "discount" can be understood in reverse: prices go from "normal" to "increased".
Given the fact that they (like every other fast food company) always charge the absolute maximum the market will bear, then any price -- even a reduced one -- is still going to be what they calculate to be the maximum. The fact that the maximum is different at times of "increased demand" is exactly what surge pricing is.
You're 100 percent right and to go even further that dude must be naive if he thinks they won't use it to squeeze as much profit as they can.