The antitrust law that prohibits price discrimination on grounds that it reduces competition is
A)the Clayton Act.
B)the Federal Trade Commission Act.
C)the Robinson-Patman Act.
D)the Sherman Act.

Question

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The Robinson-Patman Act is the antitrust law that prohibits price discrimination on the basis that it may reduce competition. It was enacted in 1936 as an amendment to the Clayton Act and aimed to protect small retailers from the unfair pricing practices of larger retailers. The act prohibits price discrimination that lessens competition or tends to create a monopoly. It also requires sellers to provide justification for price differences and prohibits anti-competitive practices such as exclusive dealing and tying arrangements.

The Antitrust Law That Prohibits Price Discrimination on Grounds That