If it is prohibited from such price discrimination, lower-income patients will fail to get a drug that could have helped them. This is a good way to understand the next thought. Fourth, monopoly ...

Economists have understood since at least the early 1980s that price discrimination can and does occur in competitive markets where there are large sunk costs. (Then, the issue was airline pricing.) ...

Editorial cartoons for March 24, 2024: Apple’s monopoly troubles, ... The U.S. Justice Department sued Apple, alleging the tech giant engineered a smartphone monopoly that stifles innovation, ...

Now, price discrimination itself is restricted at the federal level under the Robinson-Pateman Act of 1936, but the law's conditions only govern commodities, putting any taxi company outside its ...

This "Big-Data Price Discrimination" incident was one of the most trending topics on Weibo and attracted widespread attention. With the development of the digital economy, cases involving "Big ...

The harms price discrimination can inflict go well beyond food deserts. The moment pandemic-era supply chain disruptions gave monopoly retailers and their suppliers the cover they needed to hike ...

If Shenzhen's regulation is implemented, price discrimination will attract multi-layered punishment. Hopefully Shenzhen's draft regulation is approved and more regions follow suit. Cartoons ...