The purpose of the Robinson-Patman Act is to
A)outlaw price discrimination for purchasers of the same product.
B)encourage pure competition.
C)protect inventors from having their intellectual property stolen.
D)repeal the Sherman Antitrust Act.
E)provide incentives for interstate commerce.

Question

Quizplus · Accepted Answer

The Robinson-Patman Act was created to prohibit price discrimination for customers who purchase the same product, in order to ensure fair competition in the marketplace. This means that sellers must charge the same prices to all customers, regardless of factors such as location or size of purchase.

The Purpose of the Robinson-Patman Act Is to