The ________ is a federal statute, enacted in 1930, that prohibits price discrimination.
A) Sherman Act
B) Clayton Act
C) Robinson-Patman Act
D) Federal Trade Commission Act

Question

Quizplus · Accepted Answer

The Robinson-Patman Act is the federal statute that prohibits price discrimination. The Sherman Act and Clayton Act are other antitrust laws, but do not specifically address price discrimination. The Federal Trade Commission Act created the Federal Trade Commission, which has the power to investigate and regulate unfair methods of competition and deceptive practices, including price discrimination, but is not a specific prohibition on price discrimination.

The ________ Is a Federal Statute, Enacted in 1930, That