Price Discrimination

Mr. Stolyarov discusses the 1936 Robinson-Patman Act, which, in rendering illegal many kinds of price discrimination, ended up inhibiting competition rather than protecting it. Mr. Stolyarov also examines how the courts have historically dealt with price discrimination.

Mr. Stolyarov discusses how price discrimination by firms affects competition. Specifically, he discusses instances in which price discrimination benefits consumers, leads to permanently lower prices, and increases competition overall.

Mr. Stolyarov gives an overview of what price discrimination is, the three basic kinds of price discrimination, the welfare implications of price discrimination, and examples of this practice.

Price discrimination happens all of the time, and it generally comes disguised as good will. Many businesses cater specifically to students by offering a student discount. An article detailing price discrimination

This article discusses the pros and cons of price discrimination.