Which of the following is true of the Robinson-Patman Act?
A)It bans the sale of hazardous toys and articles.
B)It protects and regulates distinctive brand names and trademarks.
C)It establishes the Federal Trade Commission to monitor and remedy unfair trade methods.
D)It amends the Clayton Act to define price discrimination as unlawful.
E)It regulates the distribution and content of unsolicited commercial e-mail.

Question

Quizplus · Accepted Answer

The Robinson-Patman Act amends the Clayton Act to define price discrimination as unlawful. It prohibits sellers from charging different prices to different customers for the same product if it lessens competition or creates a monopoly. Options A, B, C, and E are incorrect as they refer to other laws and regulations.

Which of the Following Is True of the Robinson-Patman Act