Thursday, January 22, 2015

LAD #27: The Clayton Anti-Trust Act

A political cartoon representing the Clayton Anti-Trust Act

This act made the creation of monopolies and adjusting prices so that competition was impossible illegal, though it lets people change price if there is a difference in quality, amount, or other large changes in the type of product. It also makes it illegal  to lease or make a contract for the sale or resale of goods or supplies. Furthermore, the act banned corporations from buying stock in other businesses when it would lessen competition to prevent monopolistic control.

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