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Definition of 'Clayton Antitrust Act'
An amendment passed by the U.S. Congress in 1914 that provides further clarification and substance to the Sherman Antitrust Act of 1890. The Clayton Antitrust Act attempts to prohibit certain actions that lead to anti-competitiveness.
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Investopedia explains 'Clayton Antitrust Act'
The Clayton Antitrust Act provides barriers to a broad range of anti-competitiveness issues. For example, topics such as price discrimination, price fixing and unfair business practices are addressed in the Act. They are enforced by the Federal Trade Commission and the Antitrust Division of the U.S. Department of Justice.
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Check out the history and reasons behind antitrust laws, as well as the arguments over them.
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These monoliths helped develop the economy and infrastructure at the expense of competition.
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Since the early 1900s, the Federal Trade Commission has been working to protect U.S. citizens from corporations.
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This structure can be very effective, but it is also known for its abuse of power.
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Banks are a part of ancient history. Find out how this system of money management developed into what we know today.
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More than 70 years after his death, this man remains one of the great figures of Wall Street.
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