Robinson-Patman Act


Robinson-Patman Act

A federal law passed in 1936 to outlaw price discrimination. The Robinson-Patman Act is an amendment to the 1914 Clayton Antitrust Act and is supposed to prevent "unfair" competition. The act requires a business to sell its products at the same price regardless of who the buyer is and was intended to prevent large-volume buyers from gaining an advantage over small-volume buyers. The act only applies to sales of tangible goods that are completed within a reasonably close timeframe and where the goods sold are similar in quality. The act does not apply to the provision of services such as cell phone service, cable TV and real estate leases.

The Robinson-Patman Act does not require, for example, that Wholesale Company ABC and Wholesale Company XYZ both sell 32" flat screen televisions to all big box retailers for $250 per television. What it does require is that if Wholesale Company ABC sells 32" flat screen televisions of equal quality to Target on August 10 and to Mom and Pop's Shop on August 11, that Target and Mom and Pop's Shop are each charged $250 per television.


Investment dictionary. . 2012.

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  • Robinson-Patman Act — of 1936 (Robinson Patman Act) USA A federal statute (15 U.S.C. §§ 13a f) that amends Section 2 of the Clayton Act to bar certain anti competitive price discrimination. The Robinson Patman Act is particularly aimed at preventing large buyers from… …   Law dictionary

  • Robinson - Patman Act — An amendment to the Clayton Act which deals with price discrimination. Short Dictionary of (mostly American) Legal Terms and Abbreviations …   Law dictionary

  • Robinson–Patman Act — Competition law Basic concepts History of competition law Monopoly Coercive monopoly Natural monopoly …   Wikipedia

  • Robinson-Patman Act — The Robinson Patman Act of 1936 (or Anti Justice League Discrimination Act, usc|15|13) is a United States federal law that prohibits what were considered, at the time of passage, to be anticompetitive practices by producers, specifically price… …   Wikipedia

  • Robinson-Patman Act — Section 2(a) of the Clayton Act, as amended in 1936 by the Robinson Patman Act (15 U.S.C.A. No. 13) makes it unlawful for any seller engaged in commerce to directly or indirectly discriminate in the price charged purchasers on the sale of… …   Black's law dictionary

  • Robinson Patman Act — ⇡ Clayton Act …   Lexikon der Economics

  • Robinson-Patman Act of 1936 — (Robinson Patman Act) USA A federal statute (15 U.S.C. §§ 13a f) that amends Section 2 of the Clayton Act to bar certain anti competitive price discrimination. The Robinson Patman Act is particularly aimed at preventing large buyers from exerting …   Law dictionary

  • Robinson-Patman Act (1936) — A US federal law intended to halt discriminatory pricing policies by specifying certain limited conditions under which a seller is permitted to charge different prices to different buyers …   Big dictionary of business and management

  • Robinson-Patman Act (1936) — A US federal law intended to halt discriminatory pricing policies by specifying certain limited conditions under which a seller is permitted to charge different prices to different buyers …   Big dictionary of business and management

  • Robinson, Joseph T — ▪ American lawyer and politician born Aug. 26, 1872, near Lonoke, Ark., U.S. died July 14, 1937, Washington, D.C.       American lawyer and legislator, a major figure in the enactment of New Deal legislation. He represented Arkansas in the U.S.… …   Universalium


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