Robinson-Patman Act

Definition of "Robinson-Patman Act"
  1. A law addressing the issue of price discrimination
How to use "Robinson-Patman Act" in a sentence
  1. The Robinson-Patman Act aims to prevent businesses from enjoying unfair advantages due to price discrimination.
  2. Following the regulations of the Robinson-Patman Act, the company adjusted its pricing policy.
  3. The Federal Trade Commission oversees the enforcement of the Robinson-Patman Act.
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