LAD #24 Clayton Anti-trust

The Clayton Anti-trust act was made to fix the problems in antitrust law created under the Sherman Anti-Trust act of 1890. This restricted the power of monopolies and other companies that took advantage of the consumers. The Anti-trust act disallowed price discrimination between different purchasers if such discrimination substantially lessens competition or tends to create a monopoly in any line of commerce. Also it kept competitors from pooling to raise their prices. If this happened the customer would have no choice but to pay the raised price, this was prohibbited by the new law. This act helped the consumer be taken advantage of, without it American citizens would be at the mercy of big business. The Clayton Anti-trust act kept these pools out of the picture and kept the economy fair but still successful.