Saturday, February 2, 2013

LAD #27

Clayton Anti-Trust Act
 
The Clayton Anti-Trust Act was passed to further restrict trusts and monopolies in the American economy. First it establishes that no person or company can discriminate in their prices between different purchasers.  They can of course charge different prices for different quality of quantity in goods.  Next it states that a company or person within the US cannot buy anything from another company or person that would lessen competition and or create a monopoly in any area of commerce.  Lastly it states that no corporation can acquire stock or other share capital of another corporation which would result in lessened competition or a monopoly in any area of commerce.

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