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by the_snooze 772 days ago
Businesses hate capitalism. They don't want to compete on pricing and quality.
2 comments

>They don't want to compete on pricing and quality.

I support this bill for other reasons, but price competition is a poor reason. Is not having all-in menu pricing really detrimental to price competition? My impression is that most restaurants have the same cost structure of menu price + tax + tip. I very rarely see restaurants trying to add any sort of charge on top. Therefore, at least when it comes to restaurants competing with each other, this law is a non-factor in most cases.

The thing is we're seeing more and more restaurants doing this. It's like a cancer cell, there's only one at first, then if its successful it's conquered the entire organ market rather quickly. This is about cutting off a bad practice we're seeing spread in that industry.

And I want the bill to spread to other markets that love tacking on hidden fees (looking at you Airbnb).

If you're doing capitalism correctly, there is no competition. You control pricing, and quality is irrelevant. It's all about the power of money.

Businesses hate markets, because it's sink or swim and almost everybody sinks.