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Welcome to
Ethical Concerns in Pricing
Customers are vulnerable when
service is hard to evaluate as they
assume that higher price indicates
better quality
Many services have complex pricing schedules
– Hard to understand
– Difficult to calculate full costs in
advance of service
Quoted prices not the only prices
– Hidden charges
– Many kinds of fees
Too many rules and regulations
– Customers feel constrained, exploited
– Customers face unfair fines and penalties

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Ethical concern