The Robinson-Patman Act:

Question

Quizplus · Accepted Answer

The Robinson-Patman Act prohibits charging different prices to different buyers when the margin costs are the same, in order to prevent price discrimination among buyers. Option B is partially correct, as the act allows for certain types of price allowances and discounts to be offered to buyers, but these must be offered equally to all buyers. Option C is incorrect, as the act requires firms to sell to all buyers at the same price, unless there are legitimate cost differences. Option D is also incorrect, as the Robinson-Patman Act primarily addresses price discrimination among buyers, not boycotts among competitors.