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Essay

Price Discrimination: Common or Illegal?

Essay specific features

 

Issue:

Business

 

Written by:

Bert B

 

Date added:

September 19, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 674

 

Was viewed:

9815 times

 

Rating of current essay:

 
Essay content:

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"...
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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...
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