LAD/Blog #29: Clayton Anti-Trust Act

Clayton Antitrust Act

The Clayton antitrust act was an act trying to regulate some forms of business. It was passed during Woodrow Wilson's presidency. He had agreed that the government had been letting big business do as they please with no punishments, letting them break laws. The Clayton Antitrust Act of 1914 prohibits price discrimination,certain deal practices (bribes), expanded the power of private organizations to sue and obtain damages, allowed a labor exemption that permitted union organizing and prohibited anticompetitive mergers.

Sherman Antitrust act did not work and was not enforced but was trying to regulate big business