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Price Discrimination Common Or Illegal

Price Discrimination: Common or Illegal?

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Title: Price Discrimination: Common or Illegal?

Essay Details:

Subject: Business

Author:

Date: February 24, 2017

Level: University

Grade: A

Length: 3 / 674

Essay text:

According to the Robinson-Patman Act in 1936, five elements must be present: 1. Discrimination - charging various prices to various customers. If the price difference is because of a discount or allowance made to customers and some do not take advantage of it, there is no discrimination. 2. Sales to Two or More Purchasers - the different prices must be charged on "reasonably contemporaneous sale to to two or more purchasers". Actual sales and agreements must exist. This does not include annual or semi-annual sales. 3. Goods - Robinson-Patman appies to the sale of goods, not services. 4. Like - Grade and Quality - the goods involved must be the same...

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