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The Clayton Act was amended several times, principally by the [[UnitedStates/CommerceLaw/RobinsonPatmanAct|Robinson-Patman Act]] in 1936 and the [[UnitedStates/CommerceLaw/HartScottRodinoAntitrustImprovementsAct|Hart–Scott–Rodino Antitrust Improvements Act]] in 1976.

Clayton Act

The Clayton Act, passed in 1914, is an anti-trust law.

Contents

  1. Clayton Act
    1. Description
    2. History

Description

The Clayton Act seals several loopholes of the Sherman Act. Chiefly it addresses holding companies, mergers, and aquisitions.

A holding company is a company that is established to own shares in other companies. These were increasingly seen as a loophole around monopolies. This act outlaws acquisitions which substantially decrease competition or tend towards a monopoly.

The act also outlaws individuals from having control over competing businesses.

History

The Clayton Act was amended several times, principally by the Robinson-Patman Act in 1936 and the Hart–Scott–Rodino Antitrust Improvements Act in 1976.

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UnitedStates/CommerceLaw/ClaytonAct (last edited 2023-09-10 21:43:37 by DominicRicottone)