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https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
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I don't think this is the right way to go. Mandatory "compare prices" to be displayed with the same, or better, viability as the price is much better. That way the consumer immediately sees that the price went up since last week. What it also brings is the opportunity to compare which one of two sizes of the same product is a better deal.
I'm sorry but I don't understand your suggestion. That's what the sign does. It warns clients when the package got smaller and or price went up. Also, all stores are obligated to show the price/kg on all products so it's easy to compare.
You don't need a special sign for shrinkflation. What's needed is just price per kg (I live in the metric world) displayed as big as the price per unit. This should be enforced as the norm and not on whether the store wants to do it or not.
Consumers who aren't interested enough to keep track of price increases since last week won't care about a special sign either.
I do that because I used to work in grocery stores and can noticed even small, incremental price changes on many items. Most consumers don't do that and hardly notice 3 cents more on this and 2 ounces short on that. We are already accustomed to toilet paper and laundry detergent mega-size and "concentrated" bullshit.
If you buy the same package size cereal every week you will notice if the price went up. Compare prices neutralizes shrinkflation.
My guess ( <- guess!) is that most people who don't care about compare prices won't care much about the signs.