Asked by Yvette Casarrubias on May 06, 2024
Verified
________ of the Robinson-Patman Act makes it illegal for a buyer knowingly to induce or receive a discriminatory price in violation of Section 2(a) of the Robinson-Patman Act.
A) Section 2(f)
B) Section 2(c)
C) Section 2(d)
D) Section 2(e)
Discriminatory Price
A pricing strategy in which different customers are charged different prices for the same product or service without a justified basis.
Robinson-Patman Act
A United States federal law aimed at preventing anti-competitive practices by producers, specifically price discrimination.
- Comprehend the significance and legal implications of discriminatory pricing under the Robinson-Patman Act.
Verified Answer
CA
Cameron AdamsMay 10, 2024
Final Answer :
A
Explanation :
Section 2(f)of the Robinson-Patman Act makes it illegal for a buyer knowingly to induce or receive a discriminatory price in violation of Section 2(a)of the Robinson-Patman Act.
Learning Objectives
- Comprehend the significance and legal implications of discriminatory pricing under the Robinson-Patman Act.
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