No longer a conspiracy theory. Instacart has been caught using Dynamic Pricing

No longer a conspiracy theory

Instacart has been caught using Dynamic Pricing

They are accessing personal data of users and then adjusting prices based on that data. If someone can afford to pay more for items, the prices increase

“You may have heard of dynamic pricing. Well now Instacart is accused of using this controversial practice to charge consumers wildly inconsistent prices on the same products.

— This is infuriating. Food delivery service Instacart is being accused of charging different prices to different customers on the same grocery items without them knowing.

Groundwork, it's a consumer advocacy group, Instacart says Instacart's pricing algorithm could lead to shoppers paying an extra $1,200 on groceries annually. Nearly three-quarters of grocery items it surveyed were sold at different price points.

Instacart said the price differences were tests conducted by some retailers to learn what matters most to consumers. It denied using shoppers' personal information to fuel dynamic or customized pricing.”