←back to thread

510 points bookofjoe | 1 comments | | HN request time: 0.2s | source
Show context
JSR_FDED ◴[] No.46182225[source]
23% of items are rung up at a higher amount at the register than what it says on the shelf, yet North Carolina law caps penalties at $5,000 per inspection, offering retailers little incentive to fix the problem.

In other words, regulatory capture at its finest, over the backs of the poorest in the country.

replies(11): >>46182488 #>>46182865 #>>46182983 #>>46183366 #>>46184708 #>>46184835 #>>46185258 #>>46185665 #>>46186170 #>>46186279 #>>46191809 #
1. apparent ◴[] No.46186279[source]
Seems like it actually creates an incentive to go big or go home. If you're already going to be busted and hit with the maximum fine, might as well have even larger mispricings, so you come out ahead after the fine is taken into account.