Q2
d Hi for d) in the past exams, I though Robinson-Patman is the one that prohibit price optimization. Per the solution, the same logic applies to Clayton as well? Thanks.
It looks like you're new here. If you want to get involved, click one of these buttons!
d Hi for d) in the past exams, I though Robinson-Patman is the one that prohibit price optimization. Per the solution, the same logic applies to Clayton as well? Thanks.
Comments
Clayton was the original amendment to Sherman that brought in prohibition of price discrimination. Robinson-Patman further refined Clayton to say that price discrimination was allowed only when used to reflect operational cost differences.