单词 | Clayton Antitrust Act |
释义 | Clayton Antitrust ActDefinition An amendment, passed by the U.S. Congress in 1914, meant to further promote competition in U.S. businesses and discourage the formation of monopolies. This act prohibited price discrimination, price fixing, and exclusive sales contracts. The act also legalized peaceful strikes and boycotts against companies. Use 'Clayton Antitrust Act' in a SentenceThe Clayton Antitrust Act was referenced in our discussion that a monopoly was taking place in our target market in the Southeastern USA. Many top business companies in the communications industry have faced scrutiny due to the Clayton Antitrust Act when seeking to merge their companies in an effort to become the major player in their market. You should always make sure that your business is following all aspects of the clayton antitrust act so you don't get any fines. |
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