The Clayton Anti-Trust Act
This act pointed out many things including unlawful monopolies and restraints. It was the act which followed up on the failure of the Sherman Anti-Trust Act. In section 2 of the text it states that under this act it would be considered unlawful to charge different prices for the same product when involved in commerce. This helped to limit monopoly practices, stop major companies from rebates, cutting prices, making contracts with other companies and more. Between the Clayton Anti-Trust Act, and the Sherman Anti-Trust Act, there are several differences as well as similarities. An example of this is that labor unions were no longer considered hindrances of the US economy. And so at this time labor unions legally played a big part in reform.
No comments:
Post a Comment