Earlier this year, Lina Khan warned that airlines would soon be able to charge a higher airfare to people needing to get home for a funeral. It’s here.
The very specious industry argument is that this will allow for “discounts,” but in legal filings those players also acknowledge that in the absence of a “static” price, there’s no such thing as a cognizable “discount.” It’s just ubiquitous price discrimination.
California AB 446 by @AsmChrisWard is a model bill here, and the legislature should adopt it. https://legiscan.com/CA/text/A...
@AsmChrisWard “Willingness to pay” pricing is a revenue-maximizing force that preys on consumer need and desperation. Some consumers may figure out how to game the algorithm to get a good deal, but the more equitable approach is a return to the transparent one-price store.
@AsmChrisWard For those interested in the rise of surveillance pricing across the economy, @econliberties is hosting a public forum with @GregCasar @AsmChrisWard and labor/consumer policy experts on Wednesday, July 16. RSVP here and stay outraged until we solve this: https://www.mobilize.us/econom...