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Stock impact report

Manitoba premier plans to target 'differential pricing' for groceries in new year [Yahoo! Finance Canada]

Maplebear Inc. (CART) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4715924
Differential pricing refers to a practice where people can be charged different prices for the same grocery product from the same store. "An online grocery seller might charge people different prices based on their demographic information that have been tracked online," Premier Wab Kinew said in a year-end interview with The Canadian Press. "Third-party apps are definitely one example that we've seen. Third-party delivery apps can charge people different prices based on what they know about you as an online consumer. And we just want to see fairness, and we want to see better prices." Kinew didn't provide local examples. The issue has emerged in the United States, where a recent report by Consumer Reports and two advocacy groups said the online platform Instacart charged different prices for the same grocery items for online customers shopping at the same store. Instacart, in a blog post this month, said it's not a retailer and doesn't control base prices listed on its webs Show less Read more
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