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Clayton Act
(redirected from Clayton Antitrust Act)

   Also found in: Legal, Encyclopedia, Wikipedia 0.02 sec.
Clayton Act
A 1914 federal antitrust law designed to promote competition by prohibiting or severely restricting practices such as the acquisition of competitors, price discrimination, secret rebates, and interlocking directorates.

Clayton Act
A 1914 American antitrust law that expanded and clarified the Sherman Act of 1890. The act prohibited price discrimination, mergers that substantially decrease competition, and other practices that the Sherman Act left for court interpretation. Significantly, the Clayton Act exempted unions and labor organizations from its provisions because the Sherman Act had been used to restrict the ability to strike.


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Ten soccer players, one from each team, sued MLS last month, claiming MLS violated the Sherman and Clayton Antitrust Acts in a conspiracy also involving the U.
Nasdaq:LUME), in the United States District Court for the Central District of California in Los Angeles, alleging Lumenis violated the Sherman Antitrust Act, the Clayton Antitrust Act, the Robinson-Patman Act and the California Business and Professions Code, as well as claims alleging infringement of two of Trimedyne's U.
1, and Sections 4 and 16 of the Clayton Antitrust Act of 1914, 15 U.
 
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