The Robinson-Patman Act was developed to ________.
A) provide lower prices to final consumers
B) make price conspiracies between channel members illegal
C) allow smaller retailers to receive similar prices to large retail chains that had high bargaining power
D) limit price competition among retailers

Question

Quizplus · Accepted Answer

The Robinson-Patman Act prohibits price discrimination among customers, but it also allows smaller retailers to receive similar prices to larger retail chains that have higher bargaining power. This ensures that competition is fair and prevents larger retailers from using their size and power to gain an unfair advantage over smaller retailers. The Act does not aim to provide lower prices to final consumers or limit price competition among retailers.

The Robinson-Patman Act Was Developed to ________