Bill > S2099

This bill aims to repeal the Robinson-Patman Act of 1936, a landmark antitrust law that currently regulates pricing and competition among wholesalers and retailers in the United States. The Robinson-Patman Act, originally passed during the Great Depression, was designed to protect small businesses from predatory pricing practices by larger companies by prohibiting certain discriminatory pricing strategies. By completely eliminating this legislation, the bill would remove longstanding federal restrictions on how businesses can price and sell goods, potentially allowing for more flexible pricing strategies and potentially more aggressive competition among businesses. The bill is straightforward, consisting of two sections: a short title ("Restore Prescription Drugs Discount Act") and a clear directive to repeal the entire 1936 Act and its subsequent amendments. If passed, this legislation would significantly alter the current legal landscape of business pricing and potentially impact how prescription drugs and other goods are priced and sold in the United States.

Justice

https://www.congress.gov/bill/119th-congress/senate-bill/2099/all-info