What is the Robinson-Patman Act?

The Robinson-Patman Act is a piece of federal antitrust law in Washington State. This act was passed in 1936 and is enforced by the Federal Trade Commission (FTC). The Robinson-Patman Act seeks to protect small businesses and consumers from large companies engaging in unfair trade practices. The act prohibits certain types of activities, such as price discrimination, when they place small businesses and consumers at a disadvantage compared to large companies. Price discrimination occurs when companies sell the same product to different customers at different prices. This practice allows large companies to undercut smaller competitors and charge consumers higher prices. The Robinson-Patman Act seeks to protect small businesses and consumers by prohibiting companies from charging prices that will give them an unfair advantage. The Robinson-Patman Act also prohibits companies from offering discounts or rebates to certain customers unless they are made available to all customers. This ensures that smaller businesses are not disadvantaged in relation to larger businesses. It also helps to ensure that consumers are not overcharged for products. In short, the Robinson-Patman Act seeks to protect small businesses and consumers from unfair trade practices. It prohibits certain activities, such as price discrimination and exclusive discounts, that are designed to give larger companies an advantage over smaller businesses and consumers.

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