A searing exposé of the new tools of corporate profiteering and a field guide to the deceptive tactics companies are using to cheat consumers out of their money—and how we can get ahead of them—from a leading voice in economic policy and executive director of a corporate watchdog think tank
Everywhere you turn, Americans are getting ripped Landlords use software to band together and organize artificial rent hikes. Ride-sharing apps spike the price of trips when your phone is about to die. Online ticket sellers hide behind exorbitant processing fees. And car companies install software that reports your driving behavior to insurance companies so that they can raise your premiums. Price gouging is the latest frontier in corporate profiteering—and it’s gutting the American economy and your wallet.
In Gouged, economist and veteran consumer advocate Lindsay Owens takes us inside the corporate boardrooms where pricing decisions are made, uncovering the tricks, traps, and outright fraud corporations use to jack up the price you pay at checkout. From data collection to drone surveillance, modern technology provides companies a staggering arsenal of sophisticated tools to squeeze as much money out of consumers as possible, bringing in record profits as a result. Drawing on original reporting, shareholder meeting transcripts, and rigorous economic analysis, Owens takes aim at big-tech behemoths, airlines, health insurance companies, and more to pull back the curtain on how price gougers are coming for almost every line item in your household budget, from doctors’ visits to rent, groceries, and even your summer vacation.
Gouged arms us with the essential knowledge we need to first recognize, then sidestep the traps that corporations try to conceal from us. In a world where price gouging has become ubiquitous, Gouged is necessary reading for anyone looking to stay an informed consumer, save money rather than surrender it to greedy CEOs, and stand up for fair prices in America.
We're all getting screwed. And Lindsay Owens is here to tell us exactly how in Gouged! Good news, she also tells us how we can overcome these bloodsucking companies. Bad news, we have to rely on Congress for some of it. Will the horrors never end?!
Owens walks us through some of the main culprits and she names names. The dastardly Instacart makes an appearance, but if you think your rent is bad, you are about to be enraged and might go bang on your landlord's door. Nothing illegal, people. Let's fight back the non-violent way!
Nothing should be too surprising as Owens details all the algorithms conspiring against us. That might be part of the problem. We've been lulled into a stupor about companies taking advantage of us. This book is just one step toward leveling the playing field while waiting for Congress (hahahahahahaha) to look out for the people who put them in power.
The book is enraging, funny, and short. It's only about 180 pages of narrative (with some wonderful references) and is an easy read. This is exactly the book you want based on how it is presented. IMAGINE THAT! Truth in advertising for ONCE!
(This book was provided as a review copy by Viking Books.)
Basically, we're constantly getting screwed by corporations every time we buy something and Lindsay Owens is going to tell you how they do it along with how you can help prevent it. It's great stuff. Our online world is allowing companies to supercharge how they track us, how they give me and my next door neighbor different prices, how they use dark patterns to keep you on their sites and spending. If you're like me, you see every time you shop how prices are spiralling out of control. It's time to fight back.
Ever since Shoshana Zuboff’s seminal tome, The Age of Surveillance Capitalism, I’m a sucker for any book detailing corporate abuses and citizens’ abdication of their own authority in ways that previous generations could have never dreamed; Mark Zuckerberg knows more about you than STASI knew about almost any East German citizen. This considered, I eagerly picked up Lindasy Owens’ contribution to this genre both to stoke my outrage (which hardly needs stoking these days) and to get tips to avoid the most flagrant of the abuses, in my case, how to whittle down the cost of airline tickets (Erase your cookies and do not log in to an airline site with your loyalty card to better compare prices and not “your” price).
Many of these abuses were kind of anodyne and could be filed under “You Get What You Deserve,” i.e. using a corporation’s app, e.g. Starbucks, airline frequent flier loyalty programs, and DoorDash. Owens begins her true Grimm fairy tale with DoorDash, a product I’ve never used. People who don’t do their own shopping relinquish the right not to be bilked, so this particular abuse did not so much kindle my outrage. However, Owens really gets rolling in describing software that lets landlords fix prices in particular zip codes as well as add all sorts of gouging junk fees. Not surprisingly, this software is ubiquitous throughout the United States and hits renters extremely hard. The flagrant illegality of this software and regulators’ impotence to correct it is enraging. US society has always reserved its worst economic abuses for the underclass, and although there are affluent renters, gouging tenants is completely immoral (speaking as a house owner who was a renter for decades), the book really gets wings in detailing management abuse of labor with aggressive software that has default settings which robs employees of lunches or extra time worked. However, the most flagrant abuse is forcing an employee to take a salary in a debit account that charges all sorts of fees for accessing one’s wage, a process that should be completely illegal if presented without an obvious “opt out” feature.
Descriptions of junk fees and fees in general are a common thread throughout the book and can be read as an outline for addressing the worst of these abuses, as NYC mayor Zorhan Mamdani seems to be doing. Owens has a clear engaging writing style that makes her book, one that borders on economics, more readable and enticing than many books describing finances. Gouged is a worthwhile addition to the genre that forged it way to the forefront beginning with Zuboff’s The Age of Surveillance Capitalism and that has continued with Cory Doctorow’s Enshittification (also reviewed by me on Goodreads) as well as the works of Tim Wu (who blurbs Gouged). Many of her themes overlap those presented by Doctorow and Wu, especially the ridiculous and unavoidable situation we have all been sold in neither controlling nor being able to repair or resell products that we “own.” Her book is an enticing, eye-opening read for all modern Americans, even those who don’t consider themselves huge consumers.
The Souk Has Acquired a Server Farm In “Gouged,” Lindsay Owens argues that digital commerce is reviving the old asymmetry of haggling – except now the seller knows your habits, your history, and perhaps exactly how much you can be persuaded to pay. By Demetris Papadimitropoulos | August 29th, 2026
Difficult as it is to mourn a price tag, Lindsay Owens makes a persuasive case that we should notice what disappears with it. That dull little rectangle did more than announce a number. It put the number in public: visible before purchase, stable long enough to remember, common enough to compare. A shopper could check another store, recall last week’s price, or ask why a neighbor paid less. “Gouged” begins from the proposition that this modest arrangement is being made private. Prices can now change by the minute, differ by customer, arrive padded with compulsory fees, or emerge from systems whose inputs the buyer cannot inspect. Owens’s advertised subject is overcharging. Her more interesting subject is what happens when a price ceases to be a fact two people can share.
Even the book’s brief history of fixed pricing changes the question from what a price costs to what a price is for. Owens traces the spread of uniform prices to nineteenth-century merchants who treated transparency as both an ethical and commercial improvement: one visible price reduced bargaining, sped transactions, and made comparison possible. The digital marketplace, in her account, recreates some of the asymmetry of haggling without restoring its human scale. The old merchant might have sized up your coat. The new one may know your location, purchase history, device, loyalty status, and how reliably you return for coffee after payday. The souk has acquired a server farm.
Most of “Gouged” follows the machinery that turns this informational advantage into money. Owens moves from pricing consultants and experiments designed to locate a customer’s maximum willingness to pay to rent-setting software, repair restrictions, subscription traps, high-frequency prices, surveillance pricing, and, finally, wages generated by formulas workers cannot inspect. In synopsis, the book can sound like a crowded complaint desk. On the page, the cases repeatedly return to one practical question: who can see, calculate, and alter the terms of the transaction, and who merely receives the number?
Especially revealing is Owens’s account of RealPage, the rent-setting software company at the center of federal allegations about coordination among landlords. She refuses to let “the algorithm” do all the culpable work. Around the software sit pricing advisers, pooled information, settings that encouraged acceptance of recommendations, and systems that could make rent cuts less likely even when market conditions softened. The imbalance is almost embarrassingly easy to picture. Landlords could see a market assembled from information gathered across properties; tenants saw the quote offered to them. One side got the dashboard, the other the rent renewal. Comparison and exit sound simple in an economics textbook. They are less simple when the field of comparison is itself being shaped behind the screen.
The right-to-repair chapter moves the imbalance from screen to screwdriver. Owens begins with the eternally broken McFlurry machine, passes through tractors and phones, and ends with military equipment that its purchaser may not be able to repair without technical information controlled by contractors. The sequence is funny until the joke becomes ownership itself. You may own the object while the manufacturer keeps control of the software, parts, tools, or permissions that make ownership useful. The chapter only looks off-topic if checkout ends the transaction. Owens is asking what, exactly, the money bought.
Rarely does Owens leave an abstraction standing if she can make it hold a grocery bag. A confusing interface becomes a casino maze. A coordinated increase becomes a heist. A customer is blindfolded, cornered, outrun, or pickpocketed. Her diction is brisk, colloquial, and knowingly prosecutorial, with a talent for stripping the starch from corporate euphemism. “Optimization” and “revenue management” are translated into who pays, who profits, and who cannot see the calculation. The prose moves quickly: anecdote, mechanism, history, executive quotation, translation, snap. It is unusually easy to hear in the mind. After a while, though, some punch lines arrive half a beat before their cue.
If the jokes sometimes announce themselves, they usually relieve pressure rather than replace evidence. Owens can move through antitrust, telemetry, pricing science, and software architecture without letting the prose harden into briefing-paper gray. Her best joke may be structural. Seven chapter titles make the reader the object of somebody else’s action – profited off, cornered, restrained, blindfolded, outrun, spied on, pickpocketed – before the eighth turns toward “Installing a Security System.” The grammar itself has been mugging you. By then, even the syntax wants its wallet back.
Part of the book’s momentum comes from how steadily the point of control moves inward. It begins with advertised prices, passes through homes and possessions, slips onto screens, reaches into personal data, and ends up inside the paycheck. Chapter 7 is therefore not merely another charge in the indictment. Owens describes Uber drivers who placed their phones side by side and received different proposed rates for comparable jobs, then broadens the inquiry to opaque pay formulas, nursing platforms, workplace surveillance, and automated scheduling. The consumer who cannot tell whether a fare is fair becomes the worker who cannot tell whether a wage is fair. Seven screens reveal what one isolated driver could only suspect.
At its most interesting, “Gouged” is less about greed than about who gets to inspect the rule. Greed is ancient, easy to name, and psychologically tidy. Owens keeps returning to harder questions. Who can compare notes? Who knows why the number moved? Who can repair the machine, leave the subscription, challenge the wage, or discover that somebody else received a different offer? A market can advertise abundant choice while withholding the facts needed to judge those choices. The privacy problem therefore has an economic edge. The issue is not simply that a company knows you buy coffee every Tuesday; it is what that knowledge permits when the company alone can turn habit into leverage. The same logic makes a cancellation maze more than an annoyance and a repair lock more than bad customer service: both withhold information or control at the precise moment the customer needs it to leave.
Perhaps the price tag remains the book’s best object because it is so boring. Owens turns it into a modest piece of commercial infrastructure: a number still enough to be noticed, public enough to be checked, common enough to be discussed. Once each customer can be shown a different price, every shopper enters a small private room. Personalization can be useful there. Discounts can be real discounts. Variable prices can sometimes allocate scarce capacity sensibly. The trouble starts when personalization stops helping a customer navigate the market and starts helping the market navigate the customer. A fixed price can certainly be unfair, but at least its unfairness leaves fingerprints.
As the cases multiply, however, “Gouged” asks its governing metaphor to do more than its analysis can comfortably support. Explicit collusion, dynamic pricing, individualized pricing, junk fees, subscription friction, repair restrictions, and algorithmic wage-setting can all place the weaker party at a disadvantage, but they are not the same economic event. Owens acknowledges distinctions among them, especially early on, yet the recurring language of robbery nudges them toward a common moral verdict. A price rising because a genuinely scarce resource is in demand, a price secretly tailored to a shopper’s profile, and a mandatory fee concealed until checkout may all deserve scrutiny, but for different reasons. Owens’s account of unequal visibility is stronger than her catchall of gouging.
Documented use and possible use also blur at the edges. Owens is occasionally quicker to move from what a technology permits to what a company has been shown to do. Electronic shelf labels can enable rapid increases, but they can also enable markdowns. Data-rich shopping systems can personalize offers, but infrastructure is not itself proof of every feared use. Owens is most convincing when she has observed experiments, internal statements, litigation, measured outcomes, or interviews. She is less secure when a future possibility begins carrying the rhetorical weight of an established practice. The qualifications are often present. Her prosecutorial tempo sometimes outruns them.
Its pileup of examples is not accidental; it is how Owens converts irritation into pattern. A broken ice-cream machine is ridiculous. A locked tractor is consequential. A fighter jet awaiting proprietary repair information makes the same problem institutional. One strange grocery price can be a glitch; hundreds of shoppers seeing divergent prices become evidence worth examining. The cases are not interchangeable, but recurrence makes the underlying imbalance harder to dismiss as a bug. Cathy O’Neil’s “Weapons of Math Destruction” offers a useful formal comparison: both books move across sectors to show what happens when the people subject to opaque systems cannot inspect the rules. Owens is lighter on her feet, more openly advocative, and more interested in the transaction itself.
Much closer to Owens’s present tense is Cory Doctorow’s “Enshittification,” another book that starts from the suspicion that familiar systems have become quietly hostile. Doctorow asks how platforms deteriorate after users and businesses become dependent on them. Owens asks an adjacent, more intimate question: what happens when the price itself becomes one of the interfaces being optimized against you? She moves the problem one step closer to the wallet. Convenience, personalization, and automation do not simply alter what a customer buys; they can alter what the customer is permitted to know about the bargain being offered.
If some of “Gouged” will date quickly, that is partly because Owens is writing against moving machinery. Algorithmic rent-setting, surveillance pricing, AI-mediated shopping, repair rights, and opaque gig-work compensation are still being argued over in courts, legislatures, and regulatory agencies. The company names and software systems will age faster than the question they raise: what makes an exchange voluntary in more than name when one side possesses far more information, more speed, and more ability to alter the terms? Owens is strongest when she turns that question back into ordinary acts – comparing a receipt, opening a machine, checking another worker’s rate, asking why the number moved. Markets depend on those small acts of verification more than frictionless commerce likes to admit.
The final chapter improves when Owens abandons self-help for rule-making. She offers practical defenses – compare logged-in and logged-out prices, reduce tracking, test what different accounts see – only to concede that asking every shopper to become a part-time forensic investigator is absurd. Her larger answer is institutional: all-in pricing, easier subscription cancellation, repair rights, limits on surveillance pricing, stronger enforcement against algorithmic coordination, and protections against individualized wage-setting. The burden shifts from the shopper who must outwit the system to the rule that should govern the system. It is one of the book’s saner instincts. Telling readers to browse incognito, clear cookies, compare accounts, and regard every convenient app with suspicion is easy enough; asking why ordinary shopping should require that much counterintelligence is harder, and more useful. A fair market should not require every buyer to become cleverer than the seller’s software.
Returning to the Instacart experiment with which she began, Owens gives “Gouged” its cleanest reversal. After scrutiny and public pressure, the company ended the item-price tests at issue and announced that families shopping for the same items at the same store at the same time would see the same prices. Whether one regards that as a sweeping victory or a narrow correction, the sequence completes the deeper argument: isolated shoppers compared screens; discrepancy became evidence; evidence became public; public knowledge became pressure. The counterweight to personalization, Owens suggests, is not nostalgia. It is comparison. A clue matters differently once somebody else can see it too.
Owens lands, for me, at 84/100, or 4/5 stars: substantial admiration for a book with real explanatory nerve and argumentative coherence, tempered by the imprecision created by its own most memorable metaphor. Its strongest claim is not that corporations will charge whatever they can. That temptation predates servers, apps, and loyalty IDs. It is that fairness depends partly on whether the terms of exchange can be seen by more than the party setting them. “Gouged” is most persuasive whenever it makes that imbalance visible rather than merely naming it.
Public enough to compare, stable enough to remember, ordinary enough to ignore: the old price tag turns out to have been doing more civic work than its square inches suggested. Owens does not make a convincing case that every flexible or individualized price is a theft. She makes a better case that a price becomes harder to judge once it is no longer a common object. The old tag asked almost nothing of us. Two people could stand before the same number and know, before either reached for a wallet, that at least they had been admitted to the same market.
I wondered about rents constantly going up so much. it didn't seem like it could be just supply and demand. Sure enough, this book reveals there is a software called RealPage that uses a price coordinating algorithm that keep rents elevated and even outsources landlord pricing decisions altogether.
What else? Manufacturers deliberately make it difficult or impossible to repair products you buy by locking down software inside, e.g. new cars where proprietary diagnosis is restricted to certain dealers.
Escalating fees. Think concert tickets.
"Dynamic pricing" is the technology to constantly change and raise prices and know what competitors are charging in real time.
Insurance companies using drones to detect your roof leakage and outdoor clutter and drop your policy. Insurance companies are making billions in profits but not passing savings on to us.
Newer cars record how and where you drive and pass that info on to insurance companies and data brokers.
AI companies partnering with airlines to test the outer limits of what you will pay before they lose you as a customer.
Loyalty program apps sound attractive, but once your shopping habits are analyzed, you'll see your rewards get diluted.
Workers are becoming vulnerable. Uber raises fares at the same time that driver pay is cut and drivers can't see what variables are affecting their rates. Dynamic scheduling for workers in many fields sees them bidding for shifts, being sent home early, or not knowing their schedule til last minute, making childcare more difficult. Or paychecks via private bank cards with numerous fees.
This is already here, but I think we'll see even more pronounced disparity in the U. S. between higher income households that can purchase things comfortably and travel, and the lower income households forced to purchase necessities with money they don't have, buried in debt.
I think this is a really interesting and important book. It reminded me of Enshittification, which is also another very important and timely book. Both books really drive home the fact that technological advancement not only isn't improving your user experience, it also keeps taking and taking from you.
My only issue with it is that for the first 1-2 chapters, the writing style reminded me of ChatGPT. Nothing super outstanding, but it prevented me from engaging with the book at first because I didn't want to be fooled into reading an AI book. I really hope it's not, though, because I feel like its content is really important to read about and to share with people.
Get ready to be mad. Fascinating, informative. Call to action. Wow. My only feedback is to read this, not listen. I chose audio, but unfortunately the author isn’t a dynamic narrator.
This book is a must-read for the tech-pro bro's out there. It shows exactly how AI's can bring out the worst of corporate greed to the detriment of all of us. I am also suddenly incredibly grateful for EU's GDPR, general data protection regulation, that helps me prevent firms from spying on me across apps and other platforms.
Because not only are Uber drivers and nurses being cheated out fair wages, in addition many firms would like to implement individual pricing. That is, each to their ability. That's what you can do when you have AI and when you update all your prices in seconds, calibrate it against your competitors and check the financial status of your customers.
As for the Uber drivers. Uber is now profitable. This has been done because surge pricing to customers have been de-coupled from what the drivers are paid. The drivers have 20 seconds to accept an offer, and if they accept a low-ball offer more of these will be coming. Nurses that want extra shifts in the US have to reverse-auction, that is, bid for a shift and the one will to accept the lowest offer wins. This can be tailored to financial status and credit scores.
Again, here in Europe, it would be highly illegal and difficult for any firm to first check my credit score .... and that's when this thought died. GDPR or not, since credit scores can be checked by anyone, I presume I too can be gouged. Well isn't that great. As if I didn't already live in one of the most expensive countries in the world, Norway.
And by the way, I don't think all AI is bad, per se. I just think it is much likelier that it will screw us over and make the lives of 99% of us worse, while a few lucky ones skim the cream from the top. As this books so deftly shows, through a multitude of examples. Read it!
This is an engaging, if horrifying read. Most of us have read articles about junk fees or dynamic pricing but Owens clearly lays out the entire ecosystem built to take more of consumers' money as well as traffic in their personal data.
I want to applaud Owens. She has managed to write a timely, important book full of interesting analysis and clearly laid out solutions with real-world applications. She did it in the perfect number of pages, balancing being informative with conciseness, something that is desperately rare these days when so many books appear to be under-edited and full of bloat.
I absolutely loved this book. It was quick, detailed and SOOOO INFORMATIVE! I had been noticing pricing differences for a little bit and thought I was imagining things.
I used to go to Wendys every weekend for Breakfast. Over time the price increased and increased, but still I thought I was getting a great deal because coupons. Then I was traveling and I ordered via the app like normal and it was $23 and that was with coupons. But it wouldn't accept the mobile order. I get to the store and order the old fashioned way...through the speaker in the drive thru....it was $16 with NO coupons. I then deleted the app and refuse to go to Wendys.
The author highlights all of the ways in which corporations squeeze every last cent from each customer, you will pay till it hurts and then some.
The book even highlights how to try to combat the deceptive practices that companies are doing. Most importantly we all need to take a stand against these practices.
I highly recommend this book to anyone who feels that corporations are out of control with pricing and we NEED more fair pricing, more privacy, and companies need more legislation to quit gouging consumers!
Thank you to Netgalley and the publisher for this timely ARC in exchange for this honest review.
Literally Calls For Bread Lines And Gas Lines. Read It Anyway. This is a book that absolutely has its own view of economics and attempts to gaslight the reader that this is the "majority" view of economics in the same way that climate alarmists trot out the "97% of scientists" bullshit. As I said in the title, Owens actively advocates for "queue based" distribution rather than "surge pricing" - what she calls "gouging" - in both normal and extreme circumstances. Yes, while not using this exact example, she actively says that she would rather you wait in a miles long line for a crumb of bread that you might not ever get (ask any former Soviet citizen) rather than allow a business to "gouge" its customers and make "too much" profit. This is a position that some will embrace just as much as Owens does... and others will want to defenestrate the book over.
But here's the thing - and the reason I didn't deduct a star for such obviously flawed "reasoning": While it is present and pervasive, the actual factual information Owens brings forth about how companies today use your data to both collude with each other and to squeeze every possible penny out of you as both consumer and employee is actually something so very many of us need to be aware of, and Owens largely presents these particular facts in a more balanced manner than her overall worldview might otherwise suggest. She lays this problem bare in all of its technical details, explaining the situations in ways that those trained in neither economics nor technology should be able to follow along with reasonably well, and she does it in an overall conversational style such that you could quite easily see her essentially holding court at some bar somewhere as she starts off talking to one person or a small group about these very things and the crowd just grows and grows until suddenly no one else in the bar is talking, the TVs are turned off, and everyone is paying attention to every word Owens is saying.
And then there is the Bibliography. Clocking in at 40%, this is one of the more well documented advance review copies I've ever come across in now 8 yrs (today!) of book blogging. Yes, I've seen a *few* books with even more documentation - and even longer books to begin with, meaning *even more* documentation - but this is absolutely up there in percentage of book, and because this particular book starts out with a short-ish barely 250 page length to begin with, what this ultimately means for the reader is that you're getting an insightful book chock full of information you're really going to want to know about so much of the 2020s era business climate... and yet it also isn't a book that you're going to have to spend the rest of the year reading either, even after its publication in late September.
Overall a very informative book, one that some will love its overall worldview and some will have to read in spite of said worldview, but truly every American needs to read and understand. It actually pairs well with Your Data Will Be Used Against You by Andrew Guthrie Ferguson, released in March 2026, and actually provides a degree of balance in the pairing both in the government vs business misuse of what should be personal data and even in the timing roughly six months apart and both roughly three months from either end of 2026.
This is a book that every adult should read. While a lit of this information has been discussed in the mddia as bits and pieces over the years. This book concisely lays out the reasons why and how corporations are raising prices on us unfairly and in many cases without our knowledge all in the name of profits.
Were you aware that there are cases where two people shopping for the same items at the same store at the same time are shown wildly different prices? I didn't.
The age where you knew what something costs are gone. Retailers now have the ability to change prices while you shop. You may see a bix of spaghetti on the shelf for $2.00 but by the time you get to the register it's now $2.50.
The author also gives some tips on how you can go about getting some protection from this, but it shouldn't be on consumers to have to do it.