this post was submitted on 25 Sep 2024
186 points (99.5% liked)
Missouri | The Show-Me State
279 readers
1 users here now
A place for all things MO.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The law in Canada specifies how you round both down and up, and it's not ambiguous. The reason why it hasn't happened in Canada is because the law in Canada trivially renders your proposed method impossible, not because Canadian companies haven't specced into gouging enough.
With that basic misconception cleared up, I'll ask again: What would be the mechanism by which this ‘price gouging’ would occur?
What prevents companies in Canada from setting prices in such a way that they always round up?
There's no guarantee that such a law would be the same in America. The majority of our law makers are bought and paid for. It would be trivial to "lobby" them to just leave that part out.