The Robinson-Patman Act (1936) The highly controversial Robinson-Patman Act stated, in Section 2(a), that “it shall be unlawful for any person engaged in commerce, in the course of such commerce, either directly or indirectly, to discriminate in price between different purchasers of commodities of like grade and quality,… where the effect of such discrimination may ...
In the 1996 Presidential election, President Clinton was able to win based upon the fact that he was able to focus on the general election early in the game. Clinton was loved by the public, having a lot to bring to the table. During his first term as president, he was able to create a ...
We’ve all heard about cartels. There is always something mysterious and edgy about the word, signifying a plethora of illegal activities. But how many of us actually understand the word and what it means? When you think cartel, drugs usually come to mind. But there is a very simple definition of a cartel that applies ...
Laissez faire can be best described as a political theory that embracing the idea that ‘the best governments are the governments that govern the least,” while also preventing the union from evolving into a state of anarchy and chaos. The United States and other global economic powers, have historically taken a “hands-off” approach towards their ...