price discrimination

American  

noun

1. the practice of offering identical goods to different buyers at different prices, when the goods cost the same.

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price discrimination British  

noun

1. economics the setting of different prices to be charged to different consumers or in different markets for the same goods or services

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Etymology

Origin of price discrimination

First recorded in 1955–60

Example Sentences

Ferrara wrote that the NGA hopes both the current and next presidential administration will look closely at anticompetitive behaviors, including price discrimination, that are increasing prices for independent grocers and the community members they serve.

From Salon

Another concern is the way dynamic pricing can be perceived as a form of price discrimination, where different customers are charged different prices for the same product or service based on factors like demand, time of purchase or even personal data.

From Salon

"There's also a risk of price discrimination, with products that are more popular in certain stores ending up having prices pushed up because of higher demand in that area," he says.

From BBC

The rules seek to bar excessive price discrimination, protect workers’ rights and restrict the use of personal data or using AI for “illegal” purposes.

From Washington Times

The National Grocers' Association and the Wholesale Grocers Association, which represent independent and regional U.S. grocery chains, have in recent years been urging federal lawmakers and regulators to clamp down on the clout grocery giants including Walmart wield over suppliers and to more stringently enforce the Robinson-Patman Act, which prohibits price discrimination by manufacturers against retailers.

From Reuters