This kind of price discrimination is largely and widely used by rental car companies.
It should not be confused with the separate economic concept of price discrimination.
By contrast, in the most competitive industries, there is no price discrimination.
Any company that has market power can engage in price discrimination.
There are three conditions that must be present for a company to engage in successful price discrimination.
A company must have some degree of market power to practice price discrimination.
However, a better policy of price discrimination would benefit to both patients and companies.
Let me refer you to a section on price discrimination, page 382.
The effects of price discrimination on social efficiency are unclear.
However, some might construe this as a form of price discrimination.