What act in 1890 allowed the government to Prius businesses that had been artificially raising prices?

he Robinson-Patman Act requires a business to sell its products at the same price regardless of who the buyer is. It was intended to prevent large-volume buyers from gaining an advantage over small-volume buyers. The act only applies to sales of tangible goods that are completed within a reasonably close timeframe and where the goods sold are similar in quality. The act does not apply to the provision of services such as cell phone service, cable television, and real estate leases.

The law came about to combat unfair trade practices that allowed chain stores to purchase goods at lower prices than other retailers. It was the first legislation to attempt to prevent price discrimination. It required that the seller offer the same price terms to customers at a given level of trade. The act instituted criminal penalties for violations but contained a specific exemption for "cooperative associations."

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