Thursday, January 19, 2017

LAD #27

Read and summarize The Clayton Anti-Trust Act


The Clayton Anti-Trust Act is an improvement to the previous laws passed that targeted towards monopolies and certain unlawful restraints. The second section of the Clayton Anti-Trust Act says that all prices of goods of equal quality and value must be set the same, and that the lessening of competition, and the prevention of a consumer's right to select their own customers, are to be prohibited. The seventh section of this act specifically inhibits corporations from holding stock in other commercial corporations. The intention of this act was to prevent big businesses from running the economy with their monopolies, and/or lessening the competition of trade and commerce.



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