663
this post was submitted on 10 Jan 2024
663 points (99.8% liked)
Technology
59675 readers
3226 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This is the best summary I could come up with:
HP has used its "Dynamic Security" firmware updates to "create a monopoly" of replacement printer ink cartridges, a lawsuit filed against the company on January 5 claims.
Additionally, the lawsuit highlights the fact that the use of non-HP ink cartridges doesn't break HP's printer warranty.
Last month, HP CFO Marie Myers praised the company's movement from transactional models to forcing customers into continuous buys through offerings like Instant Ink, HP's monthly ink subscription program.
The new lawsuit claims that HP's firmware updates forced customers to buy HP-brand ink that costs more than competitors.
When reached for comment, Peggy Wedgworth, a senior partner at the Milberg law firm and one of the lawyers representing the plaintiffs in this case, told Ars Technica:
The lawsuit accuses HP of raising prices on its ink "in the same time period" that it issued its late 2022 and early 2023 firmware updates, which "create[d] a monopoly in the aftermarket for replacement cartridges, permitting [HP] to raise prices without fear of being undercut by competitors.
The original article contains 642 words, the summary contains 169 words. Saved 74%. I'm a bot and I'm open source!