We all know it, right?
A company sells a package of 800 grams of food, for 6$.
Then, sometime, the company drops the contents to 720grams, while the package size remains the same, and the price remains 6$.
The size change is reflect in the small print on the back of the packaging where it says "XXX grams" but the package looks the same and is the same size, and sometimes a little filled with air.
That's effectively increasing price without having anyone notice.
Well no more - there's now a law against such things, and the Israeli courts have been unusually strict in enforcing it (contrary to them usually being pussies).
In the last few weeks, several cases against major companies were ruled in favor of plaintiffs who accused the companies of secret price tricking.
The punishment has been the same: Making extra-large packs of food available at the same price, for a whole year (or in a really large quantity).
This means that the company from my example, would now have to sell packages of 850 grams for 6$, for a year, or for a very large quantity quota (tens of millions of packages).
This is great
Also a new law requires that changes in weight as well as price to be labeled in large print on the packaging
A company sells a package of 800 grams of food, for 6$.
Then, sometime, the company drops the contents to 720grams, while the package size remains the same, and the price remains 6$.
The size change is reflect in the small print on the back of the packaging where it says "XXX grams" but the package looks the same and is the same size, and sometimes a little filled with air.
That's effectively increasing price without having anyone notice.
Well no more - there's now a law against such things, and the Israeli courts have been unusually strict in enforcing it (contrary to them usually being pussies).
In the last few weeks, several cases against major companies were ruled in favor of plaintiffs who accused the companies of secret price tricking.
The punishment has been the same: Making extra-large packs of food available at the same price, for a whole year (or in a really large quantity).
This means that the company from my example, would now have to sell packages of 850 grams for 6$, for a year, or for a very large quantity quota (tens of millions of packages).
This is great
Also a new law requires that changes in weight as well as price to be labeled in large print on the packaging
Comment