The Robinson-Patman Act is a statute passed in 1936 that amended Section 2 of the Clayton Act (passed in 1914), which was the first antitrust statute aimed at price discrimination. Price discrimination is the practice of charging different parties different prices for the same goods or services. This is strictly prohibited in cases where it is carried out in an attempt to lessen competition, but is not prohibited in instances where a price may be reduced in good faith in an attempt to meet a client’s budget or keep up with the ever-changing economy.
The Robinson-Patman Act was created for the purpose of limiting the ability of large and powerful buyers from gaining price discounts and an unfair advantage or monopoly through the use of their buying power. By prohibiting sellers from selling comparable goods to different buyers at different prices, this act seeks to keep competition as fair as possible. The Robinson-Patman Act only applies in specific situations, involving sales of commodities of like grade and quality, only when more than one sale has occurred and at least one of these involved an interstate transaction (the goods physically crossed a state line.)
Interested in learning more about your legal rights and options under the Robinson-Patman Act? This is a complex and specific area of law, and it is important that you work with an attorney experienced in these particular matters.
Lawyers for Price Discrimination Lawsuits in South Florida
At Orner Law, LLC, we help clients throughout South Florida in dealing with claims or lawsuits involving price discrimination. We understand that this is a complex matter to deal with, and we also know that the outcome may affect you and your business in numerous ways and for years to come. That is why we are dedicated to providing only the highest quality legal representation as well as dedicated client service.
With offices in Boca Raton and Fort Lauderdale, Orner Law, LLC serves clients throughout South Florida.
Contact a South Florida price discrimination lawyer at Orner Law, LLC today!