Wednesday, February 07, 2007

LAD 24- Clayton Antitrust Act

Clayton Antitrust Act

Through the Clayton Anti-trust act came great improvements of conditions for the counsumer at this time in American History. For one, this act outlawed any sort of price discrimintation which would reduce compition among business or establish any sort of agreement between businesses to achieve this reduce competition. With this act also came the prohibition of the idea that a buyer could go from seller to seller in "exclusive dealings" but this was only prohibited when competition was reduced due to this. The merger of corporations was also regulated this act made it illegal to do so if that merger greatly reduced competition and with this it was witnessed that no one person could control two or more competitive corporations. If someone was to be on the recieving end of these injustices it was now permitted under this act for them to sue whoever was violating the conditions established in this act. However unlike its predeccesor the Sherman Anti Trust act this act gave exemptions to unions while allowing such things as boycotts and peaceful protests but did not protect these unions when property damage ensued.

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