Clayton Antitrust Act

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Definition of 'Clayton Antitrust Act'

The Clayton Antitrust Act of 1914 was an amendment to the Sherman Antitrust Act of 1890. It was passed to address concerns that the Sherman Act was not adequately addressing anti-competitive practices. The Clayton Act prohibits certain business practices that can be used to reduce competition, such as price discrimination, exclusive dealing, and tying arrangements. It also established the Federal Trade Commission (FTC) to enforce the antitrust laws.

The Clayton Act has been used to challenge a wide range of anti-competitive practices, including:

* Price discrimination: This occurs when a company charges different prices to different customers for the same product or service.
* Exclusive dealing: This occurs when a company requires a customer to purchase its products or services exclusively from that company.
* Tying arrangements: This occurs when a company requires a customer to purchase one product or service in order to purchase another product or service.

The Clayton Act has been an important tool in the fight against anti-competitive practices. It has helped to promote competition in the marketplace and to protect consumers from unfair and deceptive business practices.

The Clayton Act is one of the most important antitrust laws in the United States. It has been used to challenge a wide range of anti-competitive practices and to promote competition in the marketplace. The Clayton Act is a powerful tool that can be used to protect consumers from unfair and deceptive business practices.

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