What is the Robinson-Patman Act?
The Robinson-Patman Act is an antitrust law that was adopted in Oklahoma, like the rest of the United States, in 1936. The Act was designed to protect small retailers and consumers from large companies who could create monopolies or secure unfair advantages by cutting deals with certain retailers or engaging in predatory pricing. The Act states that it is illegal for companies to discriminate in price, service, or use of facilities when selling to different buyers if the buyers are competing in a relevant market. This means that companies cannot set different prices for similar products, provide better services to certain buyers, or provide better facilities for certain buyers over others, if those buyers are in competition. The purpose of the Act is to ensure fair competition between sellers, and to protect small businesses and consumers from unfair advantages.
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