Articles
‘Price Discrimination’ Is What Enables Lower Prices In the First Place
In a rare moment of restraint, the Federal Trade Commission recently withdrew its lawsuit against PepsiCo for allegedly violating the Robinson-Patman Act (RPA)—a dusty New Deal-era law that punishes companies for giving discounts to large retailers. But while the dismissal is a win for free-market principles, some troubling signals suggest Read more…