Maryland to become first state to ban 'dynamic pricing' in grocery stores |
Maryland to become first state to ban ‘dynamic pricing’ in grocery stores
MARYLAND (WDCW) – Maryland is on track to become the first state to ban so-called dynamic pricing in grocery stores across the state.
The practice, officials say, allows prices to change based on demand or even customer data.
Earlier this month, the state legislature passed the Protection from Predatory Pricing Act, introduced as part of Gov. Wes Moore’s (D) legislative agenda. The bill targets a system whereby retailers can use technology to adjust prices throughout the day or show different prices to different customers, especially in online shopping.
Lawmakers said the goal is to prevent that type of pricing from being used in grocery stores across Maryland.
Moore said last week that he is excited to sign the new bill.
The move comes as consumers say grocery costs are already stretching their budgets.
“It’s literally kind of out of hand, almost to the point where it’s like I’m coming twice a week, and twice a week you’re spending easily $125 on a little bit of items,” shopper Deshawn Singleton told Nexstar’s WDCW.
“I feel........