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> Then it was abandoned. In the 1980s, convinced that tough antitrust enforcement was holding back American business, the Reagan administration set about disman
by black6 2y ago
> Then it was abandoned. In the 1980s, convinced that tough antitrust enforcement was holding back American business, the Reagan administration set about dismantling it. The Robinson-Patman Act remained on the books, but the new regime saw it as an economically illiterate handout to inefficient small businesses. And so the government simply stopped enforcing it.
I'm going to need more meat than this. Was there a memo that went out detailing that this statutory law will no longer be enforced? Did no succeeding FTC Chair or Attorney General think to pick up the torch?