Anyhoo, is it fair to charge me $10 and you $200 for the exact same burger? I thought there were rules against this. Why don't the laws prohibiting price discrimination apply to pills?
Further, upthread someone said something about prices doctors charge.
I have no problem with that. Of course different doctors have different prices. Rent, servicing debt, skill/merit.
But I have a problem with that doctor (or more likely her hospital or managed healthcare org) charging different prices to different patients.
I know there's some history here (in the USA), and path dependence. But it is conceptually so simple to make the system transparent, fair, accountable.
> Merely charging different prices to different customers is not illegal, when there is no intent to harm competitors.
So if CVS uses price discrimination to screw-over Walgreens, it's illegal, but if they use it to screw over their customers, it's not (with the expectation that if they screw over their customers, the customers will go to Walgreens).
Thanks. That's an embarrassing oversight on my part.
Pharma definitely has done anti-competitive stuff. But I'm not seeing a connection to the customer pricing we're talking about.
Even so, I vaguely remember something about price discrimination, so care has to be taken when doing market segmentation. Or I could just be making it all up.
Anyhoo, is it fair to charge me $10 and you $200 for the exact same burger? I thought there were rules against this. Why don't the laws prohibiting price discrimination apply to pills?
https://definitions.uslegal.com/p/price-discrimination/
I really want to know.
Further, upthread someone said something about prices doctors charge.
I have no problem with that. Of course different doctors have different prices. Rent, servicing debt, skill/merit.
But I have a problem with that doctor (or more likely her hospital or managed healthcare org) charging different prices to different patients.
I know there's some history here (in the USA), and path dependence. But it is conceptually so simple to make the system transparent, fair, accountable.