Robinson-Patman Act

Robinson-Patman Act definition - business

Robinson-Patman Act

Federal legislation enacted in 1936 to protect small independent retailers and suppliers from predatory practices by multistore chains. The act required that sellers sell to everyone at the same price.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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