How did the Clayton Antitrust Act work to strengthen the Sherman Anti Trust Act?
Keeping this in consideration, how did the Clayton Antitrust Act work to strengthen the Sherman Antitrust Act?
The Clayton Antitrust Act, passed in 1914, continues to regulate U.S. business practices today. Intended to strengthen earlier antitrust legislation, the act prohibits anticompetitive mergers, predatory and discriminatory pricing, and other forms of unethical corporate behavior.
Furthermore, what did the Sherman and Clayton Antitrust Acts accomplish?
That regime started with the Sherman Antitrust Act of 1890, the first Federal law outlawing practices considered harmful to consumers (monopolies, cartels, and trusts). The Clayton Act specified particular prohibited conduct, the three-level enforcement scheme, the exemptions, and the remedial measures.
Clayton Antitrust Act, law enacted in 1914 by the United States Congress to clarify and strengthen the Sherman Antitrust Act (1890).