Search Results for: price discrimination

price discrimination

price discrimination. The practice of offering identical or similar goods to different buyers at different prices when the costs of producing the goods are the same. • Price discrimination can violate antitrust laws if it reduces competition. It may be either direct, as when a seller charges different prices to different buyers, or indirect, as

price discrimination Read More »

price discrimination

The practice of offering identical or similar goods to different buyers at different prices when the costs of producing the goods are the same. • Price discrimination can violate antitrust laws if it reduces competition. It may be either direct, as when a seller charges different prices to different buyers, or indirect, as when a

price discrimination Read More »

discrimination

discrimination n. 区别对待;歧视 就其作为中性词而言,discrimination(区别对待)是大多数法的目的。法律旨在将善行〔good or useful conduct〕与恶行〔harmful conduct〕分别开来。因而,通常必须将允许或禁止从事某一行为的人进行区分,例如,某些人饮酒有害,法律规定青少年不得饮酒。就本质而言,区别对待并非违宪。不过discrimination在目前的用法中,非指中性,而常被用作贬义。它指授予某些人特权或因种族、年龄、性别、民族、信仰或残疾剥夺某些人权利的法律或惯例的后果,或者指没有正当理由,不平等地对待各方。美国联邦法律、法院判例和州法禁止因种族、年龄、性别、民族等在僱佣、选举、公共教育、信贷〔extension of credit〕、住房〔housing〕等方面实行歧视待遇。 (→bias; disparate treatment; equal protection clause; equal protection of the laws; invidious discrimination; price discrimination; protected class; reverse discrimination)

discrimination Read More »

antitrust law

antitrust law. 1. The body of law designed to protect trade and commerce from restraints, monopolies, price-fixing, and price discrimination. • The principal federal antitrust laws are the Sherman Act (15 USCA §§ 1–7) and the Clayton Act (15 USCA §§ 12–27). “As legislative history and case law both disclose, the general objective of the

antitrust law Read More »

discount

discount, n. 1. A reduction from the full amount or value of something, esp. a price. 2. An advance deduction of interest when a person lends money on a note, bill of exchange, or other commercial paper, resulting in its present value. See PRESENT VALUE. 3. The amount by which a security’s market value is

discount Read More »

Scroll to Top