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Woodrow Wilson. 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 ...
The Clayton Antitrust Act of 1914 ( Pub. L. 63–212, 38 Stat. 730, enacted October 15, 1914, codified at 15 U.S.C. §§ 12 – 27, 29 U.S.C. §§ 52 – 53 ), is a part of United States antitrust law with the goal of adding further substance to the U.S. antitrust law regime; the Clayton Act seeks to prevent anticompetitive practices in their ...
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Apr 18, 2023 · President Woodrow Wilson signed the initiative into law on Oct. 15, 1914. The act is enforced by the FTC and prohibits exclusive sales contracts, certain types of rebates, discriminatory...
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Clayton Antitrust Act. Commercial Republic. Domestic Policy. 1914. No study questions. An Act to supplement existing laws against unlawful restraints and monopolies, and for other purposes.
In early 1914, Wilson completed his New Freedom agenda with the passage of the Clayton Antitrust Act. This law expanded the power of the original Sherman Antitrust Act in order to allow the investigation and dismantling of more monopolies.
Mar 3, 2021 · President Woodrow Wilson signed the bill into law on October 15, 1914. The Clayton Act addressed the growing trend during the early 1900s for large corporations to strategically dominate entire sectors of business by employing unfair practices like predatory price fixing, secret deals, and mergers intended only to eliminate competing companies.
May 23, 2018 · Synopsis. In 1914 the U.S. Congress responded to populist antitrust sentiments and deficiencies in the Sherman Antitrust Act of 1890 with a new act. The Clayton Act, authored by Alabama congressman Henry Clayton, outlawed, among other things, anticompetitive mergers and acquisitions, interlocking directorates, and price discrimination.
