Tom C. Clark,
Federal Trade Commission v. Standard Oil Company…
“ The Commission contends that a § 2 (b) defense is precluded if the reductions were so made. If wrong in this, it maintains that the 'good faith' element of a § 2 (b) defense is not made out by showing that competitors employ such a pricing system, [4] and in any event is negatived by Standard's failure to make a bona fide effort to review its pricing system upon passage of the Robinson-Patman Act. ”
