Match the following pricing issues that have legal implications to the correct description.
Drag and drop application.
price fixing
price fixing drop zone empty.
price discrimination
price discrimination drop zone empty.
deceptive pricing
deceptive pricing drop zone empty.
predatory pricing
predatory pricing drop zone empty.
charging a very low price for a product with the intent of driving competitors out of business
charging different prices to different buyers for goods of like grade and quality
conspiracy among firms to set prices
price deals that mislead consumers
1 answer
Here is the correct matching of pricing issues with their descriptions:
Price fixing
Description: conspiracy among firms to set prices
Price discrimination
Description: charging different prices to different buyers for goods of like grade and quality
Deceptive pricing
Description: price deals that mislead consumers
Predatory pricing
Description: charging a very low price for a product with the intent of driving competitors out of business
