A firm that discriminates in price on goods of "like grade and quality" may be in violation of the ___________ Act.
A) Sherman
B) Robinson-Patman
C) Wheeler-Lea
D) Magnuson-Moss
E) Antimerger

Question

Quizplus · Accepted Answer

The Robinson-Patman Act prohibits price discrimination between purchasers of commodities of like grade and quality where the effect of such discrimination may be substantially to lessen competition or tend to create a monopoly.

A Firm That Discriminates in Price on Goods of "Like