Learn how discriminating monopolies charge different consumer prices, maximize profit through pricing strategies, and explore examples illustrating their market impact.

In a blog post at the Washington Post’s “The Switch”site yesterday, the usually reliable Timothy B. Lee set out to analyze pricing in the market for Internet access services. I have a lot of respect ...

Learn how price makers set prices, their market influence, different types, and the laws regulating them. Understand why price makers matter in monopolistic markets.