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Submitted via IRC for SoyCow8317
Car makers like Jaguar Land Rover and Peugeot have been accused of using special software to raise spare parts prices.
Source: https://www.engadget.com/2018/06/04/car-makers-used-software-to-raise-spare-parts-prices/
Ever had the nagging suspicion that your car's manufacturer was charging outrageous prices for parts simply because it could? Software might be to blame. Reuters has obtained documents from a lawsuit indicating that Jaguar Land Rover, Peugeot, Renault and other automakers have been using Accenture software (Partneo) that recommended price increases for spare parts based on "perceived value." If a brand badge or other component looked expensive, Partneo would suggest raising the price up to a level that drivers would still be willing to pay. It would even distinguish parts based on whether or not there was "pricing supervision" over certain parts (say, from insurance companies or focused publications) to avoid sparking an outcry.
(Score: 0) by Anonymous Coward on Tuesday June 05 2018, @08:31PM
Everything I've read on the matter leads me to believe it smells of socialism up there, right down to the brownshirts. Capitalism gives you the freedom to starve but there's food on the shelves. I've never seen many socialists trying to emigrate to socialist countries, victims of socialism trying to escape socialist states is another story. Crony capitalism and corruption should be the target of our ire, charging people what they are willing to pay in a system of voluntary exchange should not.