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Clayton Antitrust Act
noun
an act of Congress in 1914 supplementing the Sherman Antitrust Act and establishing the FTC.
Example Sentences
In her letter to Khan, Warren cited Section 7 of the Clayton Antitrust Act as barring mergers for which the outcome “may be substantially to lessen competition, or to tend to create a monopoly.”
The Clayton Antitrust Act, passed in 1914, defines unethical business practices like forming monopolies and colluding to fix prices.
During his first term, he signed the Clayton Antitrust Act and created the Federal Trade Commission.
The speech set the stage for four pieces of legislation — the Underwood Tariff, the Federal Reserve Act, the Clayton Antitrust Act and the establishment of the Federal Trade Commission — that Wilson helped to pass over the next 18 months by bringing his bully pulpit to Capitol Hill.
In 1914, with the passage of the Clayton Antitrust Act unions finally got a legal foothold so that they could set the stage for the major economic improvements they secured for several generations of Americans.
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