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Regulation Of Business-Robinson-Patman Act-Defense Of Meeting A Competitor's Price, Willis B. Snell S. Ed.
Regulation Of Business-Robinson-Patman Act-Defense Of Meeting A Competitor's Price, Willis B. Snell S. Ed.
Michigan Law Review
Standard Oil sold gasoline to "jobber" customers at a price lower than that at which it sold to other customers in the area. The price differentials were not justified by lower costs. The jobbers made both wholesale and retail sales of the gasoline; some of them passed on the reduced prices by sales at less than the prevailing rates in the area. The F.T.C. held that Standard's price differential violated section 2(a) of the Clayton Act, as amended by the Robinson-Patman Act. Standard contended that the differential was established in good faith to meet an equally low price of a …
Regulation Of Business-Robinson-Patman Act-Defense Of Meeting A Competitor's Price, Willis B. Snell S. Ed.
Regulation Of Business-Robinson-Patman Act-Defense Of Meeting A Competitor's Price, Willis B. Snell S. Ed.
Michigan Law Review
Standard Oil sold gasoline to "jobber" customers at a price lower than that at which it sold to other customers in the area. The price differentials were not justified by lower costs. The jobbers made both wholesale and retail sales of the gasoline; some of them passed on the reduced prices by sales at less than the prevailing rates in the area. The F.T.C. held that Standard's price differential violated section 2(a) of the Clayton Act, as amended by the Robinson-Patman Act. Standard contended that the differential was established in good faith to meet an equally low price of a …