A company has demonstrated that their price discounts and promotional allowances do not restrict competition.What is the term for the pricing-related practice defended?
A) bid rigging
B) predatory pricing
C) price discrimination
D) price fixing

Question

Quizplus · Accepted Answer

The pricing-related practice defended in the scenario is price discrimination, which involves offering different prices or promotional allowances to different buyers based on factors such as customer type, quantity purchased, or geographic location. The fact that this practice does not restrict competition suggests that it is not being used to harm smaller or newer competitors in the market. Bid rigging, predatory pricing, and price fixing are all pricing practices that are generally considered illegal because they can directly or indirectly harm competition in the market.

A Company Has Demonstrated That Their Price Discounts and Promotional