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contracting out (L2, L3)<br />Partial PRIVATIZATION of a public service often through employing subcontractors to undertake a specific function such as cleaning, laundering or accounting.
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Robinson-Patman Act 1936 (L4)<br />US federal statute outlawing particular forms of PRICE DISCRIMINATION which were in favour of large purchasers. A discount to a larger buyer has to be either based on differences in cost or justified as a price to meet the low price of a competitor.<br /><em>See also:</em> antitrust
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