1. Charging a higher price for a product/service when there is limited availability of the product/service (demand is greater than supply). 2. When two or more competitors agree to set prices at a given level, usually higher than equilibrium price. 3. Charging a different price to different consumer segments for the same product/service. 4. Intentionally selling products at prices that are lower than their costs to drive out competition. 5. Selling products at a lower price internationally than in the home country. 6. Taking advantage of consumers in need by charging them excessively high prices for basic 1. Charging a higher price for a product/service when there is limited availability of the product/service (demand is greater than supply). 2. When two or more competitors agree to set prices at a given level, usually higher than equilibrium price. 3. Charging a different price to different consumer segments for the same product/service. 4. Intentionally selling products at prices that are lower than their costs to drive out competition. 5. Selling products at a lower price internationally than in the home country. 6. Taking advantage of consumers in need by charging them excessively high prices for basic