differential pricing
differential pricing. The setting of the price of a product or service differently for different customers. See PRICE DISCRIMINATION.
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Search Results for: price discrimination
dumping
dumping. 1. The act of selling a large quantity of goods at less than fair value. 2. Selling goods abroad at less than the market price at home. See ANTIDUMPING LAW. [Cases: Customs Duties 21. 5. C.J.S. Customs Duties §§ 135–152.] “Dumping involves selling abroad at a price that is less than the price used
robinson–patman act
Robinson–Patman Act. A federal statute (specif., an amendment to the Clayton Act) prohibiting price discrimination that hinders competition or tends to create a monopoly. 15 USCA § 13. See ANTITRUST LAW; CLAYTON ACT. [Cases: Trade Regulation 911–914. C.J.S. Trade-Marks, Trade-Names, and Unfair Competition §§ 382–383, 385.]
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clayton act
Clayton Act. A federal statute — enacted in 1914 to amend the Sherman Act — that prohibits price discrimination, tying arrangements, and exclusive-dealing contracts, as well as mergers and interlocking directorates, if their effect might substantially lessen competition or create a monopoly in any line of commerce. 15 USCA §§ 12–27. [Cases: Monopolies 12, 17,
meeting competition defense
meeting-competition defense. Antitrust. A defense to a charge of price discrimination whereby the defendant shows that the lower price was a good-faith attempt to match what it believed to be a competitor’s equally low offer.
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primary line injury
Antitrust. Under the price-discrimination provisions of the Robinson–Patman Act, the practice of charging below-cost, predatory prices in an attempt to eliminate the seller’s competition in the market. 15 USCA § 13(a). • A primary-line injury, which hinders or seeks to hinder competition among the seller’s competitors, is distinguishable from a secondary-line injury, which refers to
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primary line injury
primary-line injury. Antitrust. Under the price-discrimination provisions of the Robinson–Patman Act, the practice of charging below-cost, predatory prices in an attempt to eliminate the seller’s competition in the market. 15 USCA § 13(a). • A primary-line injury, which hinders or seeks to hinder competition among the seller’s competitors, is distinguishable from a secondary-line injury, which
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wage
wage, n. (usu. pl.) Payment for labor or services, usu. based on time worked or quantity produced; specif., com-pensation of an employee based on time worked or output of production. • Wages include every form of remu-neration payable for a given period to an individual for personal services, including salaries, commissions, vaca-tion pay, bonuses, and
secondary line injury
secondary-line injury. Antitrust. Under the price-discrimination provisions of the Robinson–Patman Act, the act of hindering or seeking to hinder competition among a seller’s customers by selling substantially the same products at favorable prices to one customer, or a select group of customers, to the detriment of others. 15 USCA § 13(a). • A secondary-line injury,
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