The flaws in the Robinson-Patman Act are well known. It protects competitors at the expense of consumers and rarely stops the buyer-induced discrimination it was meant to prevent. This article proposes reforms that would greatly reduce both problems and explains why adopting those reforms would be preferable to repealing the Act altogether.
By John B. Kirkwood
The Robinson-Patman Act has two fundamental flaws. First, it is a protectionist statute. Passed during the Great D...