Discriminatory Pricing - The practice that selling a product or service at different prices that do not reflect a proportional difference in costs.
Such practices include collusion to fix export or import prices, to allocate markets or customers, to practice discriminatory pricing, to set prices at which export goods can be resold, or to otherwise restrict imports and exports.
Predatory or discriminatory pricing practices intended to drive out competition and establish market power. Such practices are proscribed by antitrust 4 laws in the United States, but they are often employed in other countries. See predation.
Variable pricing risks the loss of customer goodwill when one customer discovers another paid less. Federal and state laws protect competing retailers from discriminatory pricing that gives competitors an unfair advantage.
See also: Banks, Cartel, Collusion, Monopoly, Barriers
 
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