Price Discrimination
Today I learned a bit about price discrimination.
Price discrimination is basically where a company edits the price of its products depending on your personal information. Companies record where you live, what kinds of webpages you visit, what topics you like, your age, etc. Then according to this information, they make the price higher or lower, depending on your willingness to pay.
I think price discrimination is unfair and shouldn't happen. Because it's the same thing, why do we need to change the prices? Just because companies want to make more money, they force some people to pay way more than others. For example, airplane tickets of the same class, flight, destination, and airline can have up to thousands of dollars in difference.
All in all, I believe that price discrimination is very unfair and shouldn't happen, even if companies want to make more money.
Price discrimination is basically where a company edits the price of its products depending on your personal information. Companies record where you live, what kinds of webpages you visit, what topics you like, your age, etc. Then according to this information, they make the price higher or lower, depending on your willingness to pay.
I think price discrimination is unfair and shouldn't happen. Because it's the same thing, why do we need to change the prices? Just because companies want to make more money, they force some people to pay way more than others. For example, airplane tickets of the same class, flight, destination, and airline can have up to thousands of dollars in difference.
All in all, I believe that price discrimination is very unfair and shouldn't happen, even if companies want to make more money.
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