Mandating “all-in” pricing would be a pro-consumer policy win.
Even well-meaning companies are forced to play games with adding on fees at the end of checkout because if they don’t they’ll lose market share to companies that do.
Here’s what happened when StubHub tried to do “all-in” pricing on its own:
Just learned that the Department of Transportation requires airlines and travel agencies to show consumers all-in ticket prices (including all taxes and fees) to make comparison easier.
We need this in more industries!
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The EU can’t even distribute a vaccine properly but they’re going to *checks notes* invent a new quantum computer and capture 20% of global semiconductor market by 2030?
Maybe the EU should figure out how to get jabs in arms and then we can talk about quantum computers
Flashback to 2000:
EU announces the "Lisbon Strategy" with the aim of becoming "the most competitive and dynamic knowledge-based economy in the world" by 2010.
Everyone agreed it was a failure.
I don't see why this time will be different unless the EU radically changes course.