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 seller offers special concessions (such as favorable credit terms) to some but not all buyers. [Cases: Monopolies 17(2.9). C.J.S. Monopolies § 96.]

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词条贡献者

双语律师Roger，毕业于一所培养最顶级翻译人才的语言学院，擅长翻译各类与商业秘密咨询与诉讼相关的法律文件。