The practice of charging unequal prices to different buyers of products that are essentially identical, when such pricing does not correspond to differences in supply cost. Dumping is a form of price discrimination which, in principle, can be maintained only if the exporter's home market is sheltered by trade barriers (preventing re-importation of goods which have been sold below cost in foreign markets).
A firm charges different customers different prices for the same product.
the sale of the same commodity to separate markets at different prices, usually by a monopolist.
The sale by a firm to buyers at two different prices. When this occurs internationally and the lower price is charged for export, it is regarded as dumping.
Price discrimination is the name for the practice of setting variable pricing policy, and selling the same product or service to different customers at different prices.
charging different prices front different buyers for the same product (service).
The practice whereby one buyer is charged more than another buyer for the same product.
The practice of charging a higher price to some customers than to others for an identical product.
Price discrimination occurs when a firm charges a different price to different groups of consumers for an identical good or service, for reasons not associated with costs.
When the identical product is sold in different markets and at different prices in an effort to increase monopoly profits, it is a violation of Section 2 of the Clayton Act of 1914.
Selling the same good for different prices to different consumers.
the setting of different prices for the same product or service in different areas, or under different circumstances. Price discrimination can be used to match, or undercut, competition.
the practice of selling of the same product to different buyers at different prices. rice floor: The lowest amount a business owner can charge for a product or service and still meet all expenses. rice planning: The systematic process for establishing pricing objectives and policies.
a practice whereby similar products are priced differently to different customers.
the practice of a firm charging different prices to different customers or indifferent markets
Discounting a product's price for one customer and not for others within a trading area.
charging different customers different prices for the same product
A practice in which a firm charges different prices to similar customers in similar situations.
occurs when a seller charges different prices for the same product not justified by cost differences. The seller must be able to segment the market by distinguishing between consumers willing to pay different prices
A policy in which different prices are charged in order to give a particular group of buyers a competitive edge. p. 581
Price discrimination is the practice of selling different units of a good or service for different prices or of charging one customer different prices for different quantities bought. For a firm to be able to price discriminate, it must: possess market power so that it has the ability to influence price and quantity; identify differences between consumers on which they would be willing and able to pay different prices (usually along the lines of differences in price elasticities of demand); and be able to separate the different consumers so they are unable to buy the product as a member of the lower-priced group of consumers then re-sell it in the higher-priced market ( arbitrage).
Price discrimination exists when sales of identical goods or services are transacted at different prices from the same provider. In a theoretical market with perfect information, no transaction costs or prohibition on secondary exchange (or re-selling) to prevent arbitrage, price discrimination can only be a feature of monopoly markets. Otherwise, the moment the seller tries to sell the same good at different prices, the buyer at the lower price can arbitrage by selling to the consumer buying at the higher price but with a tiny discount.