", but often causes mid to long term economic damage to the receiving economy by putting local producers/providers out of business."
That is something completely different, and has little to do with price discrimination.
If the service is materially cheaper as provided by the 'rich country' - well, you say 'companies are out of business' - I say - consumers are getting massive surpluses. They can share those surpluses how they want aka social programs via taxation.
Of course, if the rich country is 'dumping' on the poor one to put players out of business, it's a different story.
"existing issue will become larger if the approach described in the article spreads."
My friend, price discrimination is already universal. There is no need to worry about 'spreading'. Everyone is doing it. They always have. It's only news to small companies who need to grow internationally and to the people that work there.
Argentina's manipulation of 'Big Macs' is an example of corruption (and stupidity).
That is something completely different, and has little to do with price discrimination.
If the service is materially cheaper as provided by the 'rich country' - well, you say 'companies are out of business' - I say - consumers are getting massive surpluses. They can share those surpluses how they want aka social programs via taxation.
Of course, if the rich country is 'dumping' on the poor one to put players out of business, it's a different story.
"existing issue will become larger if the approach described in the article spreads."
My friend, price discrimination is already universal. There is no need to worry about 'spreading'. Everyone is doing it. They always have. It's only news to small companies who need to grow internationally and to the people that work there.
Argentina's manipulation of 'Big Macs' is an example of corruption (and stupidity).