The Robinson-Patman Act:

Question

Quizplus · Accepted Answer

The Robinson-Patman Act specifically addresses anti-competitive practices related to price discrimination among purchasers of commodities of like grade and quality, aiming to protect competition and prevent large companies from using their purchasing power to gain an unfair advantage over smaller competitors. It does not directly relate to cartel arrangements, professional baseball's exemption from the Sherman Act, the acquisition of assets of competing companies, or the opening of advertising by professionals, as described in the other choices.