LAD/Blog #29: Clayton Anti-Trust Act

The Clayton Anti-Trust Act was passed in 1914 during Woodrow Wilson's presidency. The canadidates in the previous election all agreed that the government, especially the Supreme Court, had been too lenient with big businesses, so they believed the government needed to strengthen antitrust laws. The Clayton Anti-Trust Act of 1914 prohibited price discrimination and certain deal practices as well as expanded the power of private organizations to sue and obtain damages, allowed a labor exemption that permitted union organizing, and prohibited anticompetitive mergers. The Sherman Anti-Trust Act of 1890 was not enforced. The Federal Trade Commission and the Department of Justice are the two federal agencies who enforce antitrust laws.

Both the Clayton Anti-Trust Act and the Sherman Anti-Trust Act regulated big business. 

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