Economic Discrimination Law and Legal Definition

Economic discrimination means discrimination based on economic factors within the area of commerce. The factors that promote economic discrimination includes job availability, wages, the prices or availability of goods and services, and the amount of capital investment funding available to minorities for business. Boycotting a particular product or price fixing, different rates of compensation for the same ability or output based on factors such as the worker's age, ethnicity, race, religion, or sex are examples of economic discrimination.