Research Paper On Robinson Patman Act Of 1936
ROBINSON-PATMAN ACT 1936 USA LAW
BUS 5110 MANAGERIAL ACCOUNTING
PROJECT GROUP G5
INSTRUCTOR: - DR PROSPER TURKO
BY
BUKASA KABONGO SERAPHIN
HOSSAM SIYAM
MOHAMED SALEH
PAUL LEMI
HISTORY AND DEFINITION
The Robinson-Patman Act of 1936, also referred to as the “Anti-Price Discrimination Act,” is a part of United States federal law that prohibits producers of products from participating in anticompetitive practices. The act specifically limits price discrimination and it is an amendment to the Clayton Antitrust Act, which was the first law of its kinds to prevent unfair price discrimination.
ORIGIN: - Adopted into Federal Law in 1936.
In 1936, Congress passed additional antitrust legislation in the Robinson-Patman Act (“the Act”), which banned any individual or business engaged in interstate commerce to sell the same products to different consumer groups, with the goal or effect of lessening competition, or creating a monopoly. (LEGAL DICTIONERY,NA) …show more content…
Sometimes referred to as “Anti Chain Store Act”.
It prevents retailers purchasing products in large volumes from gaining too large an advantage over small buyers of the same products.
SECTIONS IN THE ROBINSON-PATMAN ACT
(a) Prohibits price discrimination to avoid causing injury to competition on the market
(b) Provides affirmative defense to this discrimination meaning that sellers have a defense to the discrimination if they offer products at a lower price to meet an equally low price offered by another seller
(c) Limits or prohibits certain brokerage fees
(d) Prohibits sellers from offering different prices to competing customers
(e) Prohibits sellers from promoting the resale based on discriminatory prices
(f) Prohibits sellers from encouraging buyers to violate the
BUS 5110 MANAGERIAL ACCOUNTING
PROJECT GROUP G5
INSTRUCTOR: - DR PROSPER TURKO
BY
BUKASA KABONGO SERAPHIN
HOSSAM SIYAM
MOHAMED SALEH
PAUL LEMI
HISTORY AND DEFINITION
The Robinson-Patman Act of 1936, also referred to as the “Anti-Price Discrimination Act,” is a part of United States federal law that prohibits producers of products from participating in anticompetitive practices. The act specifically limits price discrimination and it is an amendment to the Clayton Antitrust Act, which was the first law of its kinds to prevent unfair price discrimination.
ORIGIN: - Adopted into Federal Law in 1936.
In 1936, Congress passed additional antitrust legislation in the Robinson-Patman Act (“the Act”), which banned any individual or business engaged in interstate commerce to sell the same products to different consumer groups, with the goal or effect of lessening competition, or creating a monopoly. (LEGAL DICTIONERY,NA) …show more content…
Sometimes referred to as “Anti Chain Store Act”.
It prevents retailers purchasing products in large volumes from gaining too large an advantage over small buyers of the same products.
SECTIONS IN THE ROBINSON-PATMAN ACT
(a) Prohibits price discrimination to avoid causing injury to competition on the market
(b) Provides affirmative defense to this discrimination meaning that sellers have a defense to the discrimination if they offer products at a lower price to meet an equally low price offered by another seller
(c) Limits or prohibits certain brokerage fees
(d) Prohibits sellers from offering different prices to competing customers
(e) Prohibits sellers from promoting the resale based on discriminatory prices
(f) Prohibits sellers from encouraging buyers to violate the