Is price discrimination a monopoly?
Is price discrimination a monopoly? A discriminating monopoly is a monopoly firm that charges different prices to different segments of its customer base. An online retailer may charge higher prices to buyers in wealthy ZIP codes and lower prices to those in poorer regions.
Is price discrimination illegal?
Price discrimination refers to charging different customers different prices for the same good or service. The Sherman Antitrust Act, Clayton Antitrust Act, and Robinson-Patman Act outlaw price discrimination when the intent of that discrimination is to harm competitors.