03 Apr 2024
9m

Can an old law bring down grocery prices?

Podcast cover

The Indicator from Planet Money

This podcast episode explores the Robinson-Patman Act, an antitrust law passed in 1936 to combat price discrimination at the wholesale level. The law was intended to prevent large companies from leveraging their size to get more favorable pricing from suppliers and charge lower prices than small businesses. However, the law has been criticized for being ineffective in practice and has been largely shelved since 2007. Despite this, some groups, such as the National Grocers Association, are trying to revive the law.

Outlines

Sign in to continue reading, translating and more.

Open full episode in Podwise