Today was ... interesting. If you followed me for the past months over on the shitbird site, you might have seen a bunch of angry German words, lots of graphs, and the occassional news paper, radio, or TV snippet with yours truely. Let me explain.
In Austria, inflation is way above the EU average. There's no end in sight. This is especially true for basic needs like energy and food.
Our government stated in May that they'd build a food price database together with the big grocery chains. But..
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Mario Zechner
in reply to Mario Zechner • • •the responsible minister claimed it's an immense task and will take til autumn. It will only include 16 product categories (think flour, milk,etc.). And it will only be updated once a week.
Given how Austria works, some corp close to the minister would have gotten the contract for a million on two to create a POS just enough so the minister can say "look, I did something!"
Well. I heard that and build a prototype for all products of the two biggest chains in 2 hours. The media picked it up...
Mario Zechner
in reply to Mario Zechner • • •Here's a selection of media coverage of the entire thing.
heisse-preise.io/media.html
It spread like wild fire and made the minister look like an idiot.
I took the thing down in fear of retaliation by the grocery chains. My plan: get a big NGO, news outlet or political party to host the thing and be a legal shield for the endevour.
Almost every NGO, media outlet and political party got in contzct with me (not the other way around). There were lots of promises and big words but zero action.
Heisse Preise
heisse-preise.ioMario Zechner
in reply to Mario Zechner • • •All these orgs only had their self-interest in mind. After two weeks of this bullshit, I figured I might as well gamble and put this thing up in my own name.
Surely the grocery chains won't sue me. The bad PR would easily outweigh whatever little inckme loss they'd suffer from a few hundred people using the site to find the cheapest product.
You see, I'm basically just crawling the stores online stores. Most of them have an API. I then normalize the data across the stores, and expose it.
Mario Zechner
in reply to Mario Zechner • • •The whole thing runs client-site. The server fetches the latest data from the stores once a day. All data fits into 5mb of gzipped JSON. Small enough for the client to do anything. The server just serves 8 static files. It can handle serve all of Austria easily and could be scaled trivially. It's just static files.
Being the idiot I am, I also made it open-source:
github.com/badlogic/heisseprei…
And as usual, people flocked to it and contributed. In no time we had all stores in Austria in there.
GitHub - badlogic/heissepreise: Jo eh.
GitHubMario Zechner
in reply to Mario Zechner • • •Then we also got German and Slovenian stores. Then we normalized product categories across stores and added some light data science techniques to match the same or similar products across stores to make prices more easily comparable. You know, iterative improvements.
And then some anomymous guy in Twitter send me the data he crawled for the two biggest chains. Starting in 2017. And that's when thinga really got interesting...
Mario Zechner
in reply to Mario Zechner • • •I scrambled to integrate his data into my platform. I added analytics tools. And then I ran my first few analyses. And my jaw dropped.
"Well, that's a bit to much of a price increase even given higher energy prices."
So I started to dig. And boy did I find a lot of things...
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Mario Zechner
in reply to Mario Zechner • • •My first analysis actually happened before I build the platform. I was manually comparing prices of products the stores themselves offer in the lowest price segment. Things like grocer store brand milk or flour.
I compared 40 product pairs across the two biggest chains. And lo and behold: their prices matched exactly to the cent!
An NGO picked this up on Twitter and did the analysis for 600 product pairs. Same picture.
With my platform in place, I could do more advanced stuff.
Mario Zechner
in reply to Mario Zechner • • •E.g. given the historical data, I could see price movements for a product across the two chains. And you won't believe what I found (well, you know what's coming...)
Them fine grocery chains changed the prices of the self-branded low cost products with one to two days, or even on the same day. And they both came up with the exact same price.
Mario Zechner
in reply to Mario Zechner • • •This wasn't only happening in the low-price chain-brand segment. It also happened in the mid-range segment of self-branded goods.
And it all started happening when inflation went through the roof.
Clearly, something was up. My guess was: tacit collusion, meaning, oligopolic price coordination without explicit coordination.
Meanwhile, others have build platforms like I did as well. And they too saw these patterns.
There were more.
Mario Zechner
in reply to Mario Zechner • • •We could show shrinkflation, meaning products with less content are sold for the same or even higher price.
Examplified by e.g. laundry detergent.
Mario Zechner
in reply to Mario Zechner • • •Mario Zechner
in reply to Mario Zechner • • •Even more interestingly, products exclusively produced in Austria cost less outside of Austria.
Billa is the Austrian version of REWEDE.
Even fucking Red Bull, an Austrian brand, costs more in Austria when it is discounted here, than it costs normally without discount in Germany.
WTF.
Mario Zechner
in reply to Mario Zechner • • •Then I looked at an aspect pretty unique to Austria: discounts.
You see, in a normal country, with a competitive grocery market, you usually have about 10%-20% of products that get discounted on average.
In Austria, that rate is 40%. It's a fantastic way to obfuscate the actual price of a product. As a customer, you'll never know what you'll pay on that day until you see the current discounts directly in the store.
The chains are very generous and will send you discount leaflets via mail.
Mario Zechner
in reply to Mario Zechner • • •If I were trying to describe it in more flowerly terms: It's asymmetric information war fare.
The stores tell you they are good and benevolent and only have your interest at heart, so here are discounts. Discounts for everyone. They even gamified the whole thing with stickers. I shit you not. People collect stickers they put on the products in the convery belt at the register. There's also apps, which will give them all info on you
In reality it makes it impossible to know how much things cost
Mario Zechner
in reply to Mario Zechner • • •Mario Zechner
in reply to Mario Zechner • • •The grocery chains got a little iffy about all that somewhat negative media coverage, some of which was spurred by my continued analyses.
They started to put out these things in the store. It basically says "We've already lowered the prices of 450 products for you this year". With a sortiment of 22000.
They were also dumb enough to put out a machine readable PDF with all the products they lowered the price for.
With a little data science magic, I was able to match those with my database...
Mario Zechner
in reply to Mario Zechner • • •The spot check showed that their claims were true on the surface.
But I'm a stickler for data, so I looked a bit closer.
Mario Zechner
in reply to Mario Zechner • • •And lo and behold. There was fun to be had.
There are products that are cyclic in their price changes. E.g. this axe shower gel, which they listed as having a lower price now.
Yeah, you lowered the price from 3.99 to 2.99. But that follows the exact pattern this product's price had over the last couple of years.
Technically correct. But not a permanent price decrease.
Second picture is another example of that.
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Mario Zechner
in reply to Mario Zechner • • •But there's a more "nefarious" kind of price decrease.
As I said, Austria is a country of insane amounts of cyclic discounts. Many products will be sold for their "regular" price for one week and a discount price the other.
The real price for the consumer is the average of the regular and discounted price.
Given this knowledge, do you notice something with the prices for this product the grocery chain claims to have decreased the regular price on?
Mario Zechner
in reply to Mario Zechner • • •Of course you do, cause you are a smart cookie.
While their claim that they decreased the regular price is correct, they also increased the discounted price that comes into play every other X weeks/days.
So they are again technically correct: the regular price was decreased.
But on average, a consumer pays more if they buy the product every week, as the discounted price has been increased. The average is higher than before.
Sneaky.
Mario Zechner
in reply to Mario Zechner • • •All that media coverage of my platform and the platforms of other people, with whom I've started to converse and who've became friends of sorts, triggered the competition authority of Austria.
You know, the guys and gals who's job it is to sniff out anti-competitive behaviour, cartels, price gauging and coordination and so on.
They contacted all of us to ask what we'd need to continue doing our work. They actually saw value in that.
We provided them with a shit ton of feedback.
Mario Zechner
in reply to Mario Zechner • • •The basic gist of that feedback:
- Legal: it must be legal for us to crawl and publish the price data the stores put out on the web in their online stores
- Technical: ideally, stores would be forced to put that data out in a normalized form, so matching and comparisons become easier. We already did that ourselves though, with some data science and heuristics, so no biggie if that doesn't happen.
Besides that feedback, I also send them a shitton of data and patterns I found.
Mario Zechner
in reply to Mario Zechner • • •I'm but a lowly computer nerd and lay person, and not someone with an economics degree. I simply handed the data over in the hopes their experts would figure this shit out.
Well. Today they presented their first preliminary report.
In it, they basically copied my long ass email with answers to their questions from earlier more or less verbatim. They agreed with my conclusions regarding what needs to be done on the legal and technical site.
Mario Zechner
in reply to Mario Zechner • • •And they also officially said it's very likely the grocery chains use automated systems to follow each other in prices.
No word on the other data. We'll find out what they think end of October when the full report is scheduled to be released.
Now, here's how the chain of command works in this sector.
The competition authority is apolitical but under the reign of the politically appointed minister of economics. They can only report and suggest to him.
He then decides what gets done.
Mario Zechner
in reply to Mario Zechner • • •The suggestion by the competition authority to the minister was great:
1. Using the data should be made legal by the legislature for certain parties, including price comparison platforms and academic institutions.
2. Grocery chains of a certain size must publish all their data in real-time according to a predefined scheme with all necessary meta data to make things comparable and allow matching of products across stores.
Fantastic! Or so I thought.
Mario Zechner
in reply to Mario Zechner • • •Remember the chain of command. The minister decides what actually gets done.
And that minister is a member of the conservative party. You can already guess what gets done, right?
His plan:
1. The grocery chains must publish data. But only for a hand-picked list of basic products. Not the entire sortiment, like we do now.
2. Platform owners can be sanctioned/sued if they display the data the wrong way.
There's are only two up-sides in all of this.
Mario Zechner
in reply to Mario Zechner • • •First of all, the minister initially planned to create a price comparison platform "himself". This would have meant that some company he's buddy buddy with would have gotten a million Euro contract and delivered an abmysal failure of a system.
He's now given up on that.
The second upside: as soon as media coverage of our efforts picked up, the price hikes stopped for the most part. I'm obviously not entirely attributing this to our work. But I like to think we played a part in it.
Mario Zechner
in reply to Mario Zechner • • •Mario Zechner
in reply to Mario Zechner • • •I don't have a sound cloud, but I have another little project.
cards-for-ukraine.at/
We have a charity where we ask for donations which we convert into €50 grocery vouchers for Ukrainian families that fled to Austria. Our state fails them as well.
We are zero overhead, every cent goes towards the vouchers. We pay the rest (envelops, stamps, printer cartridges, etc.)
We are 100% transparent, all contracts/orders/bills/payments here:
drive.google.com/drive/folders…
Bunch of friends doing stuff.
Cards for Ukraine
cards-for-ukraine.atMario Zechner
in reply to Mario Zechner • • •Yeah, the irony of sending grocery vouchers for the same grocery stores that I go up against with my platform is not lost on me.
Anyways, we've been able to send out ~4500 vouchers in a bit over a year to as many families. That's about €220,000 worth of donations.
~6000 families have signed up with us, about 1500 are still waiting for a voucher.
If you can spare some money, here you go:
cards-for-ukraine.at/donate
The latest batch went out today. CW link to shitbird site
twitter.com/badlogicgames/stat…
Cards for Ukraine
cards-for-ukraine.atMario Zechner
in reply to Mario Zechner • • •Oh, and if you want to do this for your own country, you can re-use what we build so far!
github.com/badlogic/heisseprei…
Happy to help if you need guidance! Adding a store is usually less than 200 LOC if they have a search API in their web store.
github.com/badlogic/heisseprei…
GitHub - badlogic/heissepreise: Jo eh.
GitHubMario Zechner
in reply to Mario Zechner • • •Kristof :nvadmin:
in reply to Mario Zechner • • •Wow .. what a read. Do you know about Project Galileo to help you out protecting the site/servers/... ?
cloudflare.com/galileo/
Project Galileo
CloudflareMario Zechner
in reply to Kristof :nvadmin: • • •Kristof :nvadmin:
in reply to Mario Zechner • • •Mario Zechner
in reply to Kristof :nvadmin: • • •Eivind
in reply to Mario Zechner • • •Chris P. #1️⃣
in reply to Mario Zechner • • •you have absolutely no reason to apologize. You did the work. You potentially changed the lives of thousands or even millions of people for the better.
You did good and you deserve nothing but praise, regardless of code quality.
BRB, forking it to rewrite in typescript. ;)
Edoardo
in reply to Mario Zechner • • •Lulu Powerful
in reply to Mario Zechner • • •Your whole story is amazing. Everyone should read this!
If I can do just a fraction of what you have done for your fellow humans, I'll feel that I've lived a useful life. That's the aim. :)
Věčný Stopař Kosmírem
in reply to Mario Zechner • • •Arne Babenhauserheide
in reply to Mario Zechner • • •Diabetic Heihachi
in reply to Mario Zechner • • •Diabetic Heihachi
in reply to Diabetic Heihachi • • •Mario Zechner
in reply to Diabetic Heihachi • • •I'm all for that. That's why this is OSS and easy to self-host. Adding a new store is usually less than 200 LOC (code quality is terrible tho :D)
github.com/badlogic/heisseprei…
GitHub - badlogic/heissepreise: Jo eh.
GitHubJean-Baptiste Quéru
in reply to Mario Zechner • • •Dominik Dammer
in reply to Mario Zechner • • •Mario Zechner
in reply to Mario Zechner • • •You can find an unrolled version of this thread here:
mastoreader.io/?url=https%3A%2…
Masto Reader
mastoreader.iomandelbrot57 🐿️ 🧶
in reply to Mario Zechner • • •haley
in reply to Mario Zechner • • •Jan ☕🎼🎹☁️🏋️♂️
in reply to Mario Zechner • • •This is amazing. Thank you for doing this!
I believe a lot of supermarkets here (in BE) have API's... hmmmz.
Mario Zechner
in reply to Jan ☕🎼🎹☁️🏋️♂️ • • •🌈 Andrew ☄️
in reply to Mario Zechner • • •Mario Zechner
in reply to 🌈 Andrew ☄️ • • •🌈 Andrew ☄️
in reply to Mario Zechner • • •Avi Rappoport (avirr)
in reply to Mario Zechner • • •Allan Wolfe
in reply to Mario Zechner • • •Richard Kogelnig
in reply to Mario Zechner • • •Mario Zechner
in reply to Richard Kogelnig • • •Richard Kogelnig
in reply to Mario Zechner • • •Mario Zechner
in reply to Richard Kogelnig • • •chico
in reply to Mario Zechner • • •Otimsis
in reply to Mario Zechner • • •Thanks for your incredible job.
I wish more people where educated to act like you! You are doing such an important job!
Keep it up, you have all my support!
Snifffe
in reply to Mario Zechner • • •yaygya
in reply to Mario Zechner • • •K. P. Badertscher
in reply to Mario Zechner • • •Eva
in reply to Mario Zechner • • •Mario Zechner
in reply to Eva • • •Shannon Clark
in reply to Mario Zechner • • •Mario Zechner
in reply to Shannon Clark • • •Shannon Clark
in reply to Mario Zechner • • •MoiraEve
in reply to Mario Zechner • • •Paul
in reply to Mario Zechner • • •Thank you for sharing this great story!
I would love to host one talk about it at @fosdem conference in the room I co-organize about Open Research @FosdemResearch in Brussels Feb the 3rd 2024 or online Feb the 10th 2024.
We organize this session to discuss how research (of any kind: acamedic, activism...) is shaped by #FLOSS or #opendata development or use.
Please consider joining us and feel free to contact me if needed.
All details here: research-fosdem.github.io/
Open Research Devroom
Open Research DevroomKaren
in reply to Mario Zechner • • •Shannon Clark
in reply to Mario Zechner • • •also in the US there is a rather nefarious pricing scheme that happens at some big stores - where prices for the same products vary from physical store to physical store of the same chain. (And prices for many products will differ when priced for delivery whether same day or by mail from the in store prices. Which makes looking at their websites or apps for prices even less reliable.
(And some companies do things like send you a discount if you merely open their website once)
Rob van Bakel
in reply to Mario Zechner • • •Arne Babenhauserheide
in reply to Mario Zechner • • •did you see the report by the IMF (yes, the Internationale Währungsfond) that half the inflation was caused by company profits? draketo.de/politik/kommentare#…
imf.org/en/Blogs/Articles/2023…
It’s crazy that that story didn’t already get people riled up, but it seems they have to see *how* it happens and get a news anchor (2 hours vs. 2 months) to find it, and you showed that beautifully!
Europe’s Inflation Outlook Depends on How Corporate Profits Absorb Wage Gains
IMFMario Zechner
in reply to Arne Babenhauserheide • • •clay jones 🇺🇦🇮🇱🔰🥑🌐🚲🗽☢️
in reply to Mario Zechner • • •Morre
in reply to Mario Zechner • • •Why and how should it be illegal to crawl that data?
Before I read this toot, I wouldn't have worried about this in the slightest.
Mario Zechner
in reply to Morre • • •Johannes Rudolph
in reply to Mario Zechner • • •tsungi
in reply to Mario Zechner • • •Comrade elronxenu
in reply to Mario Zechner • • •In Australia, Coles does this.
It's yet another advantage rich people have over the poor: I pay less for my groceries because I can buy them when they're discounted before I need them, and ignore them when they are not discounted.
Major Denis Bloodnok
in reply to Mario Zechner • • •Benedek Kozma
in reply to Mario Zechner • • •keplerniko
in reply to Mario Zechner • • •Insight and frustrating data for me - as here in Lithuania, Red Bull is normally €1.49 (and of course discounts drop it a bit), so pricing probably resembles the Austria, rather than Germany, graph. I have a strong suspicion there is also supermarket collusion here (there are only three bigger supermarkets + Lidl), but I’ve not actually done much data analysis to confirm my theory.
Lidl definitely does the non-standard product sizes - I compared Lithuanian water bottles from there vs. normal shops where they were a tiny bit more expensive, and realised that the bottle I thought was 2L (from the normal store) was 1.8L at Lidl and the same or more expensive by volume!
Gudrun
in reply to Mario Zechner • • •Mario Zechner
in reply to Gudrun • • •Gudrun
in reply to Mario Zechner • • •murks
in reply to Mario Zechner • • •Regarding comparisons across countries you need to be a bit careful because the listed prices include VAT and that is different in different countries. AFAIK Germany has a significantly different VAT for beverages, for example.
In any case, thanks for your great work. I hope that exposing this cartel will have some serious consequences.
Mario Zechner
in reply to murks • • •murks
in reply to Mario Zechner • • •You are right, certainly not by that amount. It seem that Germany has 19% VAT for beverages compared to 20% in Austria, so not significant.
They have only 7% for some articles like food and we have 10%. Apparently we also have 13% for some articles it seems.
So yeah, you were right about roughly 1-3% difference.
I wonder whether the German "Dosenpfand" plays a role in the Redbull comparison, but I have no idea how that works.
What is for certain is that the Oligopoli is a problem.
Henrik Pauli
in reply to Mario Zechner • • •I just saw news about Carrefour warning its customers about products showing shrinkflation: boingboing.net/2023/09/15/fren…
That's a pretty unusual move from a supermarket chain
French supermarket chain Carrefour puts "shrinkflation" warnings on price-gouging brands | Boing Boing
Boing BoingMario Zechner reshared this.
Mario Zechner
in reply to Henrik Pauli • • •Henrik Pauli
in reply to Mario Zechner • • •pandora
in reply to Mario Zechner • • •Jesus Margar
in reply to Mario Zechner • • •Empiricism
in reply to Mario Zechner • • •@LordCaramac
The amount of plastic used looks the same. Haven't manufacturers heard that plastic has contaminated every environment on Earth?
Of course, they have. But...
Imran Nazar ~ عمران نزر
in reply to Mario Zechner • • •Gudrun
in reply to Mario Zechner • • •John Cutting
in reply to Mario Zechner • • •Jonathon 'Sassmouth' Irons
in reply to Mario Zechner • • •David Ingram 🌻🍍🥝📡⚡
in reply to Mario Zechner • • •Mario Zechner
in reply to David Ingram 🌻🍍🥝📡⚡ • • •only a few lettes difference, no surprise.
But you have haver kangaroos and koalas.
Well, and everything else that tries to kill you on an hourly basis.
I'm sorry you have it worse.
ChookMother 🇦🇺🦘
in reply to Mario Zechner • • •Mario Zechner
in reply to ChookMother 🇦🇺🦘 • • •ChookMother 🇦🇺🦘
in reply to Mario Zechner • • •Mario Zechner
in reply to ChookMother 🇦🇺🦘 • • •Yellow Readis
in reply to Mario Zechner • • •my partner, a systems engineer, says this looks like naturally emergent behaviour from a poorly tuned feedback loop, aka @standupmaths story of the $23 million book. It doesn't require obvious collusion, just automated systems monitoring each other with an inbuilt bias to slightly increase prices.
It would be interesting to know the dates the supermarkets started monitoring each others prices.
Guessing they tweaked the global % increase when petrol prices went up, and at least one of the supermarkets turned theirs down when your stuff was reported.
Jonathan Horowitz
in reply to Mario Zechner • • •cambiata
in reply to Mario Zechner • • •CuriousMatter
in reply to Mario Zechner • • •Mario Zechner
in reply to CuriousMatter • • •@CuriousMatter they are most often the same. The online stores do not list local products. E.g. our local stores have locally produced donuts that aren't in the Austria wide online store.
Other than such things, it's pretty much the same on- and offline.
I can't speak for the much larger US market I'm afraid.
Gamy
in reply to Mario Zechner • • •If I understand it correctly, rewe/müller are only for comparison currently
Mario Zechner
in reply to Gamy • • •@MrGamy yes, REWE (Passau), Müller, and DM are only for comparison with Austrian equivalents.
I'm afraid I lack the time to tackle other countries. But I know for a fact that there are very capable developers all around the world that can take my public code and make it work for the stores in their countries. I'm happy to give guidance.
Gudrun
in reply to Mario Zechner • • •Wandel
in reply to Mario Zechner • • •Mario Zechner reshared this.
Mario Zechner
in reply to Wandel • • •Joe Breuer
in reply to Mario Zechner • • •Hees Daman
in reply to Mario Zechner • • •david
in reply to Mario Zechner • • •Lapo Luchini likes this.
muıııo
in reply to Mario Zechner • • •Alex
in reply to Mario Zechner • • •this is interesting. I saw it's quite easy to add stores from other countries, but how difficult would it be to support a different currency?
thinking of adding Spar, Lidl, DM and Muller for Hungary, the problem is they have HUF instead of EUR.
Mure, die
in reply to Mario Zechner • • •Frans Super 🇺🇦🇵🇸🍋[FCKPVV]
in reply to Mario Zechner • • •Very happy that I read your thread. I hope someone will pick this up in NL, too. Because shrinkflation and grabflation are widespread here, too.
Anyone in The Netherlands who is willing and able to pickup the initiative Mario started of collecting product price data and showing their price fluctuations through time? Otherwise we keep getting f*d up our tiny a**s by procucers and retailers.
Ype Kingma
in reply to Frans Super 🇺🇦🇵🇸🍋[FCKPVV] • • •You may want to follow @Datagraver
Mario Zechner
in reply to Ype Kingma • • •Datagraver.com
in reply to Mario Zechner • • •Basics up and running. 35 million rows. Article naming bit inconsistent. So now the real works starts.
JPS_Lindberg
in reply to Mario Zechner • • •This is what, in business jargon, we like to call "good fucking investigative journalism".
Good bloody job!
Melle Kramer
in reply to Mario Zechner • • •Richy222
in reply to Mario Zechner • • •Vera Charles Nelson-Riley
in reply to Mario Zechner • • •Francis ☑️
in reply to Mario Zechner • • •good job, well done. I recall that there was a website in the UK that did supermarket price comparisons, but it was shut down via copyright law: the supermarkets licence product images from a third party so when the guy used the same images as the supermarkets to.illustrate the price comparisons, he was threatened by the product image company and forced to shut down.
#copyright #competition #anticompetitive #supermarkets
Mario Zechner
in reply to Francis ☑️ • • •Francis ☑️
in reply to Mario Zechner • • •Philip Mallegol-Hansen
in reply to Mario Zechner • • •Mari
in reply to Mario Zechner • • •Henrik Pauli
in reply to Mario Zechner • • •Excellent thread. The whole inflation thing has been much worse in Hungary, mostly I'd guess the same kind of price gouging (interestingly lidlaldi managed to return to sub 500 HUF prices for a litre of milk on their own - from a ~850 maximum I saw last year) and a whole lot of political and economical mismanagement factors that make up the real gist of the "war inflation" in Orbanistan.
They made a price watcher app, but it's mostly aimed at "the evil foreign multinational corpos"
René Kyllingstad
in reply to Mario Zechner • • •Jake in the desert
in reply to Mario Zechner • • •Frank Henninger
in reply to Mario Zechner • • •Luc
in reply to Mario Zechner • • •salix sericea (@Ripple13216)
in reply to Mario Zechner • • •Mario Zechner
Unknown parent • • •Mario Zechner
Unknown parent • • •happyborg
in reply to Mario Zechner • • •fantastic work Mario. It set me thinking about how discounts penalise those who most need them when operated in the ways you describe.
Essentially, and I do this, those who can will stock up when a discount happens and rarely have to pay the full price.
But guess who cannot afford to do this, and so pay much closer to what you call the average price.
Mario Zechner
in reply to happyborg • • •@happyborg Absolutely true. Here in Austria, the stores have self-branded lowest cost products for this "segment" (what a terrible term).
They don't discount these at all.
Guess which products have significantly increased in price?
Gudrun
in reply to Mario Zechner • • •Mario Zechner
in reply to Gudrun • • •Lyle Solla-Yates
in reply to Mario Zechner • • •ChookMother 🇦🇺🦘
Unknown parent • • •Mario Zechner
Unknown parent • • •Well, thanks for educating me, person from some far away country who does not have to visit Ausschwitz as part of their school education, so they can remember what fucked up shit their grand and grand grand parents did. I too shall start just looking shit up on Wikipedia and make wild comparisons on the interrnet between entirely unrelated things.
Cheerio.
Mario Zechner
Unknown parent • • •Declan
in reply to Mario Zechner • • •shukes
in reply to Mario Zechner • • •ZaphodHarkonnen
in reply to Mario Zechner • • •Marco
in reply to Mario Zechner • • •Erik
in reply to Mario Zechner • • •Great story!
Practically the same thing happened in Croatia, only we did get a government-run price tracking site that had no real-world effects.
And we already did know that Croatian products are cheaper outside of Croatia thanks to all of the people that left the country in search of a better life :)
Mario Zechner
in reply to Erik • • •Erik
in reply to Mario Zechner • • •Higher prices, lower wages :)
That's what you get when you have a criminal organization (HDZ) running the country.
But at least you can buy Croatian products for cheap in Austria :)
SpiegMax
in reply to Mario Zechner • • •Dominik Schrempf
in reply to Mario Zechner • • •Jaddle
in reply to Mario Zechner • • •Bette
in reply to Mario Zechner • • •Maria Bustillos
in reply to Mario Zechner • • •MonstersX
in reply to Mario Zechner • • •Jimi Lend
in reply to Mario Zechner • • •Jean-Pierre F1RUM
in reply to Mario Zechner • • •Johannes
in reply to Mario Zechner • • •Daniel Wengelin
in reply to Mario Zechner • • •Ross
in reply to Mario Zechner • • •ricodegrumpy
in reply to Mario Zechner • • •Mark de Vries 🇪🇺
in reply to Mario Zechner • • •I would be interested, but my programming skills ended with Pascal..
Vespertide
in reply to Mario Zechner • • •Wraithe
in reply to Mario Zechner • • •I noticed similar issues at one of our grocery stores (Stop & Shop), where they routinely do “New Low Price!” & I know the price the previous price was actually the same at one point.
Tim Lavoie
in reply to Mario Zechner • • •