Third-degree discrimination reflects different prices for different groups of consumers. Price discrimination occurs to maximize the utility received by a seller; otherwise, the market risks ...

There are three basic types of price discrimination, which economists (not so creatively) refer to as first-, second-, and third-degree price discrimination. First-degree or “perfect” price ...

A. One possible explanation is “third-degree price discrimination,” which is a pricing strategy where a company charges different prices to different groups of consumers. It’s the most common form of ...

Vulnerable consumers are most at risk. Flexibility-based price discrimination allows companies to charge different people different prices for the same produce or service, based on how easily they ...

The U.S. Federal Trade Commission on Thursday dropped its case accusing PepsiCo of price discrimination that favored Walmart , and criticized former Chair Lina Khan for rushing the case out.