| Original language | English |
|---|---|
| Title of host publication | The competition law dictionairy |
| Editors | Deborah Healey, Richard Whish, William Kovacic, Pablo Trevisán |
| Publisher | Concurrences |
| Pages | 618-621 |
| Number of pages | 4 |
| ISBN (Print) | 9781939007056 |
| Publication status | Published - 4 Sept 2024 |
Abstract
Price discrimination takes place when a firm sells identical or similar goods or services at different prices, such differences in price not motivated by different costs. From an economic perspective, price discrimination requires some degree of market power, arbitrage control, differing price sensitivities across buyers or units and an ability to link these sensitivities to the appropriate buyers. From a legal perspective, price discrimination is targeted by various legal provisions including Articles 101–102 TFEU in the European Union and §§1–2 of the Sherman Act in the United States. As a wide variety of practices involve price discrimination, enforcement standards differ depending on the exact nature of the conduct.