While Wendy’s plans to price gouge you with Uber-style surge pricing, it’s simultaneously enriching wealthy shareholders with a $500 million stock buyback program.

That’s the thing about corporate greed: It’s shameless.

They’ll just keep pushing to see how far they can go.

@rbreich

Surge Gouging turns your attempt to get a burger/ride into a shell game where the seller tries to set price at the maximum YOU will pay in that one transaction rather than conform to any expectation of price stability.

Oddly, I haven't heard them announce plans to let customers haggle over burger prices like they were at a flea market (if the restaurant only has a handful of customers then demand must be down at the moment so the price should drop, right?)

@WeiMingKai @rbreich yeah when I read about it my thought was people would just either stop going there all together or shift when they go trying to avoid the peak times which would massively screw up their logistical syatems which determine how much materials each shop needs. just can't see how it would benefit them. also can you imagine walking into a Wendy's and seeing the price of a burger on the screen double 😳 in real time, nope, I'm out