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by gruez
437 days ago
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>The whole system seems to be set up to reward [...] 2. customers willing to deal with a ridiculous system for a discount. https://en.wikipedia.org/wiki/Price_discrimination#Coupons It's unclear whether banning price discrimination as a whole is a good thing. Is it really a bad thing that people with more money pay more, and people with more time can get a discount? |
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If McDonalds had to choose one price for an 8 piece nuggets, they would have to make a choice to either be ultra cheap, and anyone could happily afford those McDonalds nuggets like it was the 80s again, or they could choose to target up market, in which case they would compete with other expensive nuggets and some other business could take the market share for "extremely cheap nuggets"
Price discrimination distorts natural market forces that would otherwise drive competition, create opportunity, or "punish" hostile practices.