In an attempt to limit the power of large purchasers,Congress amended Section 2 of the Clayton Act in 1936 by adopting the:
A)Sherman Act.
B)Federal Trade Commission Act.
C)Robinson-Patman Act.
D)All of the above.

Question

Quizplus · Accepted Answer

The Robinson-Patman Act was adopted in 1936 as an amendment to Section 2 of the Clayton Act. It aims to prevent large purchasers from taking advantage of smaller ones by requiring sellers to sell their products at the same price to all buyers. This act is specifically designed to prohibit price discrimination that harms competition. The Sherman Act and the Federal Trade Commission Act are older antitrust laws that address different aspects of competition but do not directly target the market power of large purchasers. Therefore, the best choice is the Robinson-Patman Act.

In an Attempt to Limit the Power of Large Purchasers,Congress