How can Price Discrimination be seen as Bad and Good?

-It is seen as both Fair and Unfair. Ultimately, it lies in how the Extra Revenue is used -Since Consumer Surplus is Converted, you’d expect for the Consumer’s sake that the Product is better in Quality or more Investment leading to Low Prices. -Allocative Efficiency is Not Achieved as AR is more than MC (Demand does NOT equal Supply) -Consumers are treated Differently, but it can be justified. Usually the Consumers who face the higher cost have the higher incomes so it can be seen as Income Redistribution (Revenue is funnelled to keep prices low for those who don’t have the income)