What is the Robinson-Patman Act? How does it affect pricing strategies?
is a United States federal law that prohibits anticompetitive practices by producers, specifically price discrimination.
The Robinson-Patman Act is an amendment to the 1914 Clayton Antitrust Act and is supposed to prevent "unfair" competition.
Price discrimination is illegal if it's done on the basis of race, religion, nationality, or gender, or if it is in violation of antitrust or price-fixing laws.