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reedflation prevails more among companies with near-monopolies. In such instances, customers have little choice but to pay the listed price for the good or service due to limited alternatives. Greedflation price hikes are not tied to a legitimate need for a rise in the cost of a good or service.
HP drives greedflation. HP drive greedflation by continuously releasing software updates for its Dynamic Security system. This system bricks HP printers when they’re used with third-party ink cartridges. Resulting in several lawsuits.
HP greedflation
HP CEO Enrique Lores told CNBC, why the company pushes the maligned software. Ars Technica says that the reason for persistently pushing the hated software, is HP’s aim to transform printing into a subscription-based service. Lores said, “Our long-term objective is to make printing a subscription … This is really what we have been driving.”
Lores states that HP locks users out of using HP printers when loaded with a non-HP ink cartridge to protect customers against potential viruses. Lores claims, “We have seen that you can embed viruses in the cartridges … Through the cartridge, [the virus can] go to the printer, [and then] from the printer, go to the network.”
Fake claims
Security experts call BS on Lores. The plausibility of a virus in an ink cartridge being used to perpetrate an attack is low. even calling it “wildly implausible even in a lab setting, let alone in the wild.” Ars points out that HP released HP released Dynamic Security released back in 2016. However, the “research” justifying the cartridge threat didn’t come out till 2022. Additionally, HP established a bug bounty program in 2020. The bounty has largely been aimed at identifying third-party cartridges according to Digital Trends. HP claims third-party cartridges violate its intellectual property (IP) and is another argument for bricking consumers’ printers.
Greedflation – the real reason
The security claim is weak at best. Their decision is to lock their customers HP’s ecosystem to boost profits. Lores told Ars “… this customer doesn’t print enough or doesn’t use our supplies, it’s a bad investment.”
HP’s Instant Ink plan is an example of a subscription service. The Instant Ink plan charges $1.49 per month to print 10 pages, in addition to the cost of buying your printer. Additional pages are available in sets of 10-15 pages, for $1.00 more per set. The cost to the user rises to $27.99 per month on top of the $549.00 base price for a low-volume printer like the HP Color LaserJet Pro MFP M283fdw, plus shipping.
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So, after 3 years of service, you end up paying HP $1,367 for the purchase price for the rights to use your $549 printer. That is 2.5 times the cost subscription over the purchase price.
I know what this customer thinks of this HP greedflation.
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Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedIn, Facebook, and Twitter. Email the Bach Seat here.


described a mythical computer with various controls … described various combinations of control actions and their outcomes (‘the babbocks break’, ‘the dongles droop’ etc) … ‘dongle’ was coined by someone who had taken that paper … remembered the word used to describe something on a computer that drooped….



