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Question
Which of the following statements is true of the good-faith meeting-of-competition defense as permitted by the Robinson-Patman amendment?
A. It applies to a situation when sellers select their own customers in good faith and not in restraint of trade.
B. It applies to a situation when there are price differentials based on differences in the cost of manufacture, sale, or delivery of commodities.
C. It applies to a situation that involves the setting up of barriers to market entry around a product, brand, product line, market, or market segment.
D. It applies to a situation when a seller in good faith meets the equally low price of a competitor.
E. It applies to a situation when price changes are made in response to changing conditions such as sales in good faith in discontinuance of business in the goods concerned.
Answer
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