Examlex
If a functionalist were to explain why the teacher lectures from the front of the classroom to students organized in neatly arranged chairs, she or he would emphasize that
Price Discrimination
occurs when a seller charges different prices to different buyers for goods of like grade and quality, without justification.
Discriminatory Price
A pricing strategy where different prices are charged for the same product or service in different markets or to different segments of consumers without a corresponding difference in cost.
Clayton Act
An antitrust law in the United States that prohibits certain actions leading to anti-competitiveness, such as price discrimination and exclusive deals.
Mobile-Network Operator
A company that provides wireless communications services to mobile phone subscribers.
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