Economists call this “price discrimination”. You might be surprised to know that sometimes it can often be good for consumers. In other cases, it’s good for sellers. And whatever we think ...

The probe follows media reports highlighting price disparities between mobile platforms for the same journey. Prashant Tamta ...

Few people have heard of the Robinson-Patman Act, a New Deal–era law that bans price discrimination, which occurs when manufacturers sell the same product to retailers at different prices ...

It might be argued that because hospitals initially bill all of their patients at their chargemaster prices, they do not engage in "price discrimination" the practice of charging different ...

The Federal Trade Commission (FTC) recently filed a complaint in federal court alleging Southern Glazer’s Wine and Spirits ...

On December 12, 2024, following a nearly two-year-long investigation, the Federal Trade Commission (FTC) initiated its first litigation under ...

It may at first glance. But while such pricing strategies undoubtedly increase a company’s profits, they also enhance overall consumer welfare. Here is why. Price discrimination is a strategy where a ...

Food deserts are areas where there aren’t many groceries stores nearby. It’s common in rural areas and can be hard on people ...

The Indian government is investigating ride-hailing apps for unfair pricing practices affecting consumer rights.

The investigation will extend to other sectors including food delivery and ticket booking apps. "Zero tolerance for consumer ...

"Alcohol distributors face numerous regulations that dictate how they compete and can price and discount products, and Southern Glazer’s complies with those legal requirements," the company said.