The Robinson-Patman Act was developed to _____.
A)reduce the power of dealer branding
B)help provide honest advertising
C)curb the potential bargaining power of large retail chains
D)limit price competition among retailers

Question

Quizplus · Accepted Answer

The Robinson-Patman Act was developed to curb the potential bargaining power of large retail chains by prohibiting discriminatory pricing and promotional practices that favored certain customers over others. It aimed to promote fair competition in the market and prevent the consolidation of market power in the hands of a few dominant players. The Act does not aim to reduce the power of dealer branding, provide honest advertising, or limit price competition among retailers.

The Robinson-Patman Act Was Developed to _____