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Clayton Antitrust Act, law enacted in 1914 by the United States Congress to clarify and strengthen the Sherman Antitrust Act (1890). The vague language of the latter had provided large corporations with numerous loopholes, enabling them to engage in certain restrictive business arrangements that, though not illegal per se, resulted in ...
12 Ιουλ 2023 · What Is the Clayton Antitrust Act? The Clayton Antitrust Act is a U.S. federal law enacted in 1914 with the aim of strengthening and supplementing the Sherman Antitrust Act of 1890. Its purpose is to prevent anti-competitive practices and promote fair competition in the marketplace.
18 Απρ 2023 · Intended to strengthen earlier antitrust legislation, the act prohibits anti-competitive mergers, predatory and discriminatory pricing, and other forms of unethical corporate behavior. The...
The Clayton Act made both substantive and procedural modifications to federal antitrust law. Substantively, the act seeks to capture anticompetitive practices in their incipiency by prohibiting particular types of conduct not deemed in the best interest of a competitive market.
23 Μαΐ 2018 · Like the Sherman Act, the Clayton Act made restraint of trade a felony offense punishable by fine and imprisonment. Unlike the Sherman Act, Clayton exempted labor unions and agricultural cooperatives from antimonopoly rules, thus allowing for peaceful strikes and picketing.
6 Αυγ 2024 · The Clayton Act, enacted in 1914, is a fundamental component of U.S. antitrust law. It complements the Sherman Act by targeting specific anticompetitive practices that can harm consumers and competition.
In 1914, Congress passed two additional antitrust laws: the Federal Trade Commission Act, which created the FTC, and the Clayton Act. With some revisions, these are the three core federal antitrust laws still in effect today.
