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by labawi 2385 days ago
Sometimes price discrimination may be overall good, but it easily leads to price gouging and I believe there a laws against it, for a good reason.

Should I pay 1.2x, 3x or 100x as much today, just because you know I desperately need the product/service today vs. yesterday?

What happens when I get (wrongly) classified as rich and now can't afford a normal life?

Should medication cost <som of your savings> if it is for life threatening issues? Should basic necessities cost more because my house burned down/got robbed/lost my luggage/whatever and you know I have money?

1 comments

The argument against that is that if sellers cannot increase prices in times of crisis they have no incentive to stockpile for such events. This leads to shortages and even higher prices on an unregulated black-market.

I'm not saying that I buy this line of reasoning, but there's the counter-argument.

It's not really an applicable argument here. That's a general time/availability/word situation discrimination, which I think I would be ok with, to a limited degree.

I was arguing against people based discrimination, without any meaningful relevance on availability. Again, I think reasonable and reasonably qualified discounts are ok, but not increasing prices for the same product and service.