In the United States, the Clayton Antitrust Act of 1914 was enacted to remedy perceived deficiencies in antitrust law created under the Sherman Antitrust Act of 1890. The Clayton Act prohibits: 1914 is a common year starting on Thursday. ... Antitrust or competition laws, legislate against trade practices that undermine competitiveness or are considered to be unfair. ... The Sherman Antitrust Act,15 U.S.C. § 1, was the first government action to limit trust companies (A corporate front for a combination of firms or corporations who agree not to lower prices below a certain rate for the purpose of reducing competition and controlling prices throughout a business...
price discrimination between different purchasers if such discrimination substantially lessens competition or tends to create a monopoly in any line of commerce. (Section 2)
sales on the condition that the buyer not deal with the seller's competitors. (Section 3)
mergers and acquisitions where the effect may substantially lessen competition. (Section 7)
any person from being a director of two or more competing corporations. (Section 8)
Section 4 of the act empowers private parties injured by violations under this act to sue for treble damages.
The Clayton Act is enforced by the Federal Trade Commission and the Antitrust Division of the U.S. Department of Justice. Categories: United States federal agencies | Stub ... The United States Department of Justice (DOJ) is a Cabinet department in the United States government designed to enforce the law and defend the interests of the United States according to the law and to ensure fair and impartial administration of justice for all Americans. ...
Section 6 of the act exempts labor unions and agricultural organizations. Therefore, boycotts, peaceful strikes, and peaceful picketing are not regulated by this statute. Injunctions could be used to settle labor disputes only when property damage was threatened. A union (labor union in American English; trade union, sometimes trades union, in British English; either labour union or trade union in Canadian English) is a legal entity consisting of employees or workers having a common interest, such as all the assembly workers for one employer, or all the workers... A boycott is a refusal to buy, sell, or otherwise trade with an individual or business who is generally believed by the participants in the boycott to be doing something morally wrong. ... Picketing is a form of non-violent resistance in which people congregate outside a place of work or location where an event is taking place and attempt to dissuade others from going in (crossing the picket line). It has two main aims: to harm the business or activity by losing...
ClaytonAntitrustAct, 1914, passed by the U.S. Congress as an amendment to clarify and supplement the Sherman AntitrustAct of 1890.
The act restricted the use of the injunction against labor, and it legalized peaceful strikes, picketing, and boycotts.
It declared that "the labor of a human being is not a commodity or article of commerce." Organized labor was as heartened by the act as it had been dejected by the doctrine of the Danbury Hatters' Case, but subsequent judicial construction weakened the act's labor provisions.
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