the clayton antitrust act of 1914 and the robinson-patman act of 1936 outlawed unfair trade - practices.
the clayton antitrust act of 1914 and the robinson-patman act of 1936 outlawed unfair trade - practices.
the clayton antitrust act of 1914 and the robinson-patman act of 1936 outlawed what?
unfair trade - practices
the law grew out of practices in which chain stores were allowed to purchase goods at lower prices than other retailers. an amendment to the clayton antitrust act, it prevented unfair price discrimination for the first time, by requiring that the seller offer the same price terms to customers at a given level of trade. the act provided for criminal penalties, but contained a specific exemption for "cooperative associations".









































section::::contents.
robinson–patman act
the clayton antitrust act, passed in 1914, proscribes certain additional activities that had been discovered to fall outside the scope of the sherman antitrust act. for example, the clayton act added certain practices to the list of impermissible activities:









































bullet::::- price discrimination between different purchasers, if such discrimination tends to create a monopoly









































bullet::::- exclusive dealing agreements









































bullet::::- tying arrangements









































bullet::::- mergers and acquisitions that substantially reduce market competition.









































the robinson–patman act of 1936 amended the clayton act. the amendment proscribed certain anti-competitive practices in which manufacturers engaged in price discrimination against equally-situated distributors.









































section::::legacy.
sherman antitrust act of 1890