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price discrimination |
Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson | 0.04 sec. |
price discriminationPractice of selling goods or services at different prices to different buyers, even though sales costs are the same for all the transactions. Buyers may be discriminated against on the basis of income, ethnicity, age, or geographic location. For price discrimination to succeed, other entrepreneurs must be unable to purchase goods at the lower price and resell them at a higher one. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The full inclusive fare will have to be shown and the proposal also bans price discrimination on the basis of residence or nationality, forbidding airlines from charging differing fares simultaneously on country-specific versions of their websites. Long-term contracts, price discrimination practices and deferred rebates (e. The documents are referenced in Federal Trade Commission filings and show a pattern of price discrimination against the West Coast, she said. |
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