What is the Robinson-Patman Act?
The Robinson-Patman Act is a federal antitrust law that was enacted in 1936 in the United States. It is a part of the Clayton Antitrust Act and is also known as the Price Discrimination Act. This law is intended to protect small business owners from being undercut by larger companies by preventing them from having to compete on price. It does this by prohibiting certain kinds of price discrimination between wholesalers and retailers that could allow larger businesses to benefit from lower prices. In Delaware, the Robinson-Patman Act applies to businesses that sell goods to retailers and wholesalers. It prevents them from offering lower prices to certain people or companies that purchase a certain amount of goods. It also prevents businesses from discriminating against certain retailers or wholesalers by offering discounts that are not available to others. Overall, the Robinson-Patman Act is aimed at preserving competition, protecting small businesses, and promoting fair prices in the marketplace. It ensures that competition is not harmed by giving certain businesses an unfair advantage. In Delaware, this law is enforced by the Division of Antitrust in the Delaware Department of Justice.
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