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510 points bookofjoe | 1 comments | | HN request time: 0s | source
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cs702 ◴[] No.46186364[source]
> Red Baron frozen pizzas, listed on the shelf at $5, rang up at $7.65. Bounty paper towels, shelf price $10.99, rang up at $15.50. Kellogg’s Frosted Flakes, Stouffer’s frozen meatloaf, Sprite and Pepsi, ibuprofen, Klondike Minis – shoppers were overpaying for all of them. Pedigree puppy food, listed at $12.25, rang up at $14.75.

Surely, now that this made the news, there will be an investigation into the fraudulent behavior of Dollar General and Family Dollar.

Left unsaid is that both Dollar General and Family Dollar would become unprofitable if they stop tricking customers. (Both companies typically earn only 3-4% on sales.)

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jeltz ◴[] No.46186504[source]
It was investigated, the issue is that the fines are smaller than the profit. I would personally want to see things like this considered fraud and that it can result in prison sentences for executives and other people invovled in the decision making.
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teeray ◴[] No.46186608[source]
Corporate fines should all be percentages of profits.
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1. ◴[] No.46186954[source]