Twenty years after the Clayton Act, the growth of chain stores such as Sears, Roebuck led many to fear that retail chains presented a threat to smaller, independent retailers.The federal government enacted the __________ to make it unlawful to discriminate in prices charged to different purchasers of the same product, where the effect may substantially lessen competition or help to create a monopoly.

Question

Quizplus · Accepted Answer

The Robinson-Patman Act (also known as the Anti-Price Discrimination Act) was enacted in 1936 to prevent unfair competition among businesses. It makes it illegal for companies to give preferential pricing to certain customers, which could potentially create a monopoly or harm competition. This was in response to concerns about the growth of retail chains and their potential impact on smaller, independent retailers.

Twenty Years After the Clayton Act, the Growth of Chain