Price Discrimination
/ˈpraɪs dɪˌskrɪmɪˈneɪʃən/
Definitions
- (n.) The practice of charging different prices to different buyers for the same good or service, where the price differences are not justified by cost differences.
The company was accused of illegal price discrimination against small retailers.
- (n.) Legally regulated or scrutinized practice where sellers adjust prices based on factors like buyer identity, quantity purchased, or market conditions, often examined under antitrust laws.
Price discrimination can lead to antitrust investigations if it harms competition.
Forms
- price discriminations
Related terms
See also
Commentary
In legal contexts, price discrimination commonly arises under antitrust scrutiny; careful drafting distinguishes it from lawful differential pricing based on cost or value differences.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.