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by robbedpeter 1568 days ago
Products aren't priced based on value, but on the maximum a customer will pay. A free market identifies the value of a product through competition between different sellers of the product.

Tinder is entitled to charge as much as they want to whoever they want as long as they're not discriminating against a protected class.

The free market resolution requires competition, though. There might be a reasonable case to be made that products that don't have comparable competition can't be priced in a way that exploits different customers by charging more for receiving the same service or good?

I don't think there's anything comparable to tinder that found be considered legitimate competition- match.com, Madison, adult friend finder, etc are operating in very different markets with very different tools and expectations.

1 comments

> There might be a reasonable case to be made that products that don't have comparable competition can't be priced in a way that exploits different customers by charging more for receiving the same service or good?

Price discrimination[1] relies on market power. This is a completely uncontroversial thing. Any discussion on price discrimination will tie back to market power.

1. Not a judgement here. This is a technical term from microeconomics.