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The Clayton Antitrust Act of 1914 (Pub. L. Tooltip Public Law (United States) 63–212, 38 Stat. 730, enacted October 15, 1914, codified at 15 U.S.C. §§ 12–27, 29 U.S.C. §§ 52–53), is a part of United States antitrust law with the goal of adding further substance to the U.S. antitrust law regime; the Clayton Act seeks to prevent anticompetitive practices in their incipiency.
In the United States, antitrust law is a collection of mostly federal laws that regulate the conduct and organization of businesses in order to promote competition and prevent unjustified monopolies. The three main U.S. antitrust statutes are the Sherman Act of 1890, the Clayton Act of 1914, and the Federal Trade Commission Act of 1914.
The history of United States antitrust law is generally taken to begin with the Sherman Antitrust Act 1890, although some form of policy to regulate competition in the market economy has existed throughout the common law 's history. Although "trust" had a technical legal meaning, the word was commonly used to denote big business, especially a ...
An Act To create a Federal Trade Commisson, to define its powers and duties, and for other purposes. The Federal Trade Commission Act of 1914 is a United States federal law which established the Federal Trade Commission. The Act was signed into law by US President Woodrow Wilson in 1914 and outlaws unfair methods of competition and unfair acts ...
According to the Justice Department, Section 8 of the Clayton Act, which “Congress made a per se violation of the antitrust laws,” prohibits directors and officers from serving simultaneously ...
Clayton Act. Duplex Printing Press Co. v. Deering, 254 U.S. 443 (1921), is a United States Supreme Court case which examined the labor provisions of the Clayton Antitrust Act and reaffirmed the prior ruling in Loewe v. Lawlor that a secondary boycott was an illegal restraint on trade.
Judicial remedies. In United States law, treble damages is a term that indicates that a statute permits a court to triple the amount of the actual/compensatory damages to be awarded to a prevailing plaintiff. Treble damages are usually a multiple of, rather than an addition to, actual damages, but on occasion they are additive, as in California ...
The Justice Department pointed to Section 8 of the federal Clayton Act — which, in most cases, prohibits company directors and officers from serving on the boards of competitors at the same time.