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Antitrust

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Pure Price Discrimination

Learn about the Robinson-Patman Act and its prohibition on price discrimination.

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In this lesson, we’ll learn about the Robinson-Patman Act and its prohibition on price discrimination.

I.              Price Discrimination

Price discrimination refers to charging similarly situated purchasers different amounts to purchase the same good or service. In economics, this practice can be justified on efficiency grounds. But it’s also a potentially anticompetitive practice subject to the federal antitrust laws.

Here’s an...