Price Discounts to Selected Buyers with the Intent of Driving

question 170

Multiple Choice

Price discounts to selected buyers with the intent of driving out smaller competitors is:

• A) widespread in all industries.
• B) common in the retailing industry only.
• C) illegal under the Robinson-Patman Act.
• D) allowed if the four-firm concentration ratio is less than 50 percent.
• E) beneficial to consumers in the long run.

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