Clayton Antitrust Act

The Clayton Antitrust Act of 1914 is a U.S. law designed to promote fair competition and prevent anti-competitive practices. It builds on earlier antitrust legislation by addressing specific issues like price discrimination, exclusive contracts, and mergers that might substantially lessen competition. The act prohibits practices that can lead to monopolies and allows individuals to sue for damages caused by antitrust violations. Its goal is to protect consumers, promote competition, and prevent large companies from unfairly dominating the market. Overall, it aims to ensure a level playing field for businesses and protect the rights of consumers.