Robinson-Patman Act

The Robinson-Patman Act is a U.S. law designed to prevent price discrimination among businesses. Specifically, it prohibits suppliers from charging different prices to different buyers for the same goods when those price differences harm competition. The goal is to ensure fair competition and protect smaller retailers from being undercut by larger companies. Essentially, the act aims to create a level playing field in the marketplace, so that all businesses have a fair chance to compete, regardless of their size or purchasing power.