Definition of price discrimination
1
: the offering of similar or identical goods at different prices to different buyers
2
: the setting of a price differential on similar goods that is not based on differences in the cost of production
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“Price discrimination.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/price%20discrimination. Accessed 25 Feb. 2021.
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