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by gruez
1321 days ago
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I don't see how they would be considered "unfair competition" under any meaningful definition of "unfair competition" (ie. something that isn't just "bad for consumers"). It costs nothing to sign up for loyalty programs, and being in a loyalty program doesn't hinder your ability to comparison shop or go to the store with the best deals. Yes, it does require you to jump through hoops to get the best price and is effectively price discrimination, but I don't see how it's any different than other forms of price discrimination (eg. having rotating specials so you're forced to plan ahead and/or stock up). |
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Consider airline miles. Each time I purchase a ticket, instead of choosing the best deal (fair competition), I am incentivized to choose an airline I have chosen in the past so as not to fragment my points across several accounts. And of course, these "rewards" are all a price passed on to the consumer.