Gardner-Denver is the largest manufacturer of ratchet wrenches and their replacement parts in the United States. Gardner-Denver had two different lists of prices for its wrenches and parts. Its blue list had parts that, if purchased in quantities of five or more, were available for substantially less than its white list prices 1 - Purport 2 - Did Gardner-Denver engage in price discrimination with its two price lists? 3- Assuming that Gardner-Denver has engaged in price discrimination, what law would be violated in such situation? 4- Which agency of the federal government is responsible to investigate cases that may involve price discrimination?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
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Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Gardner-Denver is the largest manufacturer of ratchet wrenches and their replacement parts in the United States. Gardner-Denver had two different lists of prices for its wrenches and parts. Its blue list had parts that, if purchased in quantities of five or more, were available for substantially less than its white list prices

1 - Purport

2 - Did Gardner-Denver engage in price discrimination with its two price lists?

3- Assuming that Gardner-Denver has engaged in price discrimination, what law would be violated in such situation?

4- Which agency of the federal government is responsible to investigate cases that may involve price discrimination? 

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