Saturday, February 2, 2008

Clayton Antitrust Act LAD #24

The Clayton Antitrust act was created to fix the problems that the Sherman Anti-trust act had which was that often times it didn't work against trusts but instead hurt unions. In the act is states that any commercial group or industry is not allowed to fix prices or discriminate to make extra profits. Furthermore the antitrust act strengthened the power of groups that were finghting against bad trusts like the Interstate Commerce Commision. If a trust was found to guilty of violating rules from the clayton anti-trust act then a court may order for the trust to be borken. Ultimately the Clayton Anti-trust act stopped the practices of unfair treatment of workes, fixing of prices and other negative issues and problems that were occuring with the corruption going on at the time.

No comments: