Price Discrimination

The setting of different prices for the same product in different markets in Australia. Eg: petrol prices more expensive in area of higher affluence. 

It can be based on factors like age, gender, disability, quantity purchased, or when and where the purchase is made.

Businesses can generally set their own prices but they can't mislead consumers about prices.

Businesses can't agree on prices with competitors - this is price collusion.

For more detail, click here.