2 ms·
Should rile up any rational consumer. Corporation can flex their market power to ensure you pay more for something they can provide for free.
by r00fus 4y ago
Should rile up any rational consumer. Corporation can flex their market power to ensure you pay more for something they can provide for free.
- lotsofpulp 4y agoWhere do grocery stores and coupons fit into this? Selling a book/media at a lower price in with a poorer populace? A national park charging difference prices based on the visitor’s nationality (by the passport they have)? Haggling in a market in a stereotypically poor country where different buyers get different prices based on their negotiations? A big company sales representative selling software licenses at difference prices to different clients?
- r00fus 4y agoThis is exactly why anti-trust exists - ostensibly to prevent any single entity from having a coercive monopoly in any given market. If one company owns all the grocery outlets in a region, they can do this, so that is frowned on by governments. I can't speak to your other examples, they don't seem to apply directly.
- lotsofpulp 4y agoAll of my examples are the same thing - selling the same thing at different prices, technically referred to as price segmentation or price discrimination.