Canada

Algorithmic pricing is all about making a very small set of people richer by making all the rest of us pay more money for products.

So, fuck no.

The algorithm analyzes data and determines the optimal price for products or services to maximize profits.

In that case, I'm against it.

If this pricing model is permitted it should be forced to put products on sale when items are overstocked or expiring food is closer to its due date. Why am I paying more for salmon at dinner time but not less when it expires tomorrow?

Does this mean flyers with listed prices are now useless.

What happens when the marked price on a shelf changes when I get to the cash register. Currently I walk away from a grocery cart of food if there is any hassle at the till. They can deal with it.

How are you supposed to plan trips when the the price is always changing

The link to their form where you can give your input:

https://competition-bureau.canada.ca/en/feedback-form-algorithmic-pricing-and-competition-discussion-paper

What about fucking cost accounting? That is closer to the truth of value than charging what you "feel". Cost accounting is transparent. Fair for everyone.

So we accept that our currency is being debased by an inflation index that barely tracks real inflation, as we buy half of all mortgage bonds federally to juice home values and running QE, but we want to ban algorithms that attempt to maintain profits?

If you don't want prices to rise then perhaps a lower inflation target makes more sense. Maybe even a law that wages automatically rise with inflation. But we all know they don't want that, they would need to actually raise taxes if they did that, and housing wouldn't turn into a giant ponzi scheme that artificially boosts GDP.