price discrimination

noun

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

price discrimination

noun

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

Word History and Origins

Origin of price discrimination¹

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

There are federal laws that prohibit charging discriminatory prices in certain circumstances — for example, when people are charged different rents or mortgage interest rates based on their race — but Hepner said surveillance pricing may represent “a new frontier in price discrimination” not reached by those statutes.

From Los Angeles Times

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