LAD/Blog #29: Clayton Anti-Trust Act

The Clayton Anti-Trust Act was meant to limit the extent of power monopolies contained by consolidation. This was accomplished by outlawing price discrimination, merging, labor unions, and more forms of monopolistic power. Victims were protected by going beyond private lawsuits and allowing the federal/state governments to enforce the act, done mostly by the FTC and DOJ (Federal Trade Commission + Department of Justice). This act was put in place to enforce the less successful Sherman Anti-Trust Act, making it now actually enforced.

This reminds me of the Sherman Anti-Trust Act, the less successful predecessor to the Clayton Anti-Trust Act.