Question

The Robinson-Patman Act of 1936 Group of answer choices made conspiracy in the restraint of trade illegal. made price discrimination, exclusive dealing, tying contracts, and the acquisition of competing companies' stock illegal when they "substantially lessen competition or tend to create a monopoly." declared "unfair methods of competition in commerce" illegal. attempted to decrease the failure rate of small businesses by protecting them from the competition of large and growing chain stores. banned anticompetitive mergers that occurred as a result of one company acquiring the physical assets of another company.

Answer 1

Answer:

The correct option is: attempted to decrease the failure rate of small businesses by protecting them from the competition of large and growing chain stores

Explanation:

The  Robinson-Patman Act. was an amendment to  Clayton aniti-trust Act,it was enacted to address the issue of price discrimination.

The Act provided that businesses should charge the same prices to consumers not minding who the buyers are,hence the practice of higher bargaining power of large retail  stores using their buying strength to buy in large quantity at lower price was nipped in the bud.

Previously,these large retail stores were able to buy at cheaper prices compared to smallholder retailers and were able to sell at cheaper prices too,thereby driving the retailers out of business.