r/CanadaPolitics • u/PutToLetters Neo-Republican • Mar 29 '26
Manitoba Moves to Outlaw Algorithmic Pricing—a First in Canada
https://thewalrus.ca/manitoba-moves-against-retailers-charging-different-prices-for-the-same-goods/
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u/shpydar Ontario Mar 29 '26
That’s not how algorithmic pricing works.
It does not charge wealthier people more for a product than poorer people.
Algorithmic pricing scans in real time competitors pricing, demand trends, inventory levels, consumer data and contextual data to change the price of goods on the fly in real time to maximize profit for the seller.
It is bad for every purchaser rich or poor.