“Price optimization” consultants are helping clients capitalize on Trump’s chaotic tariff rollout by using surveillance pricing tools, while Republican FTC chair Andrew Ferguson is reversing efforts to keep them in check.
“Price optimization” consultants are helping clients capitalize on Trump’s chaotic tariff rollout by using surveillance pricing tools, while Republican FTC chair Andrew Ferguson is reversing efforts to keep them in check.
Don’t discount good old fashion price gouging either. Even if you could keep up with demand and keep your prices way under the tariffed foreign goods, why would you? If you are the only domestic alternative, bump your prices to just under your competitors.
Willing buyer willing seller, it is just business. It is not extortion, we have choice to not buy, we can plant and grow our own food.
If it’s a luxury, sure. If it’s a necessity, it’s extortion.