The Critics Are Wrong: How the Robinson- Patman Act Has Been Misunderstood By Its Detractors.
Published In: Antitrust Magazine, 2024, v. 38, n. 2. P. 23 1 of 3
Database: Academic Search Ultimate 2 of 3
Authored By: POE, MARK W. 3 of 3
Abstract
The article challenges common criticisms of the Robinson-Patman Act (RPA), an antitrust law that prohibits price discrimination. Critics argue that the RPA leads to higher consumer prices and discourages discounting, but the article argues that these criticisms lack evidence and are based on unsupported assumptions. Instead, the article suggests that the RPA actually protects small businesses from larger, more efficient businesses and could result in lower consumer prices. The author calls for a reevaluation of these criticisms and a deeper understanding of the RPA's purpose, emphasizing its role in promoting competition and supporting small businesses. [Extracted from the article]
Additional Information
- Source:Antitrust Magazine. 2024/03, Vol. 38, Issue 2, p23
- Document Type:Article
- Subject Area:Women's Studies and Feminism
- Publication Date:2024
- ISSN:0162-7996
- Accession Number:176981759
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