What is Disney World price discrimination?
What is Disney World price discrimination? With this type of discrimination (in 1-day tickets), Disney World takes advantage of the different sensitivities to price in the different times of the year, charging a higher price when the demand is higher, and vice-versa. Third-Degree Price Discrimination 1.
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.
Does Disney use price discrimination?
There are three types of price discrimination (first, second and third degree) and Disney employs various types of second and third degree. In Disney parks a single-day pass is more expensive than multiple days pass per day, which is example of second degree price discrimination based on volume of purchases.