Clayton Act

(redirected from Clayton Antitrust Act)
Also found in: Legal, Encyclopedia, Wikipedia.

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.

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.
References in periodicals archive ?
10) The Clayton Antitrust Act was first applied to bank mergers with enactment of the Celler-Kefauver Antimerger Act of 1950.
The statute of limitations for the Clayton Antitrust Act is found at 15 U.
He pushed through the Clayton Antitrust Act and took on companies like International Harvester and American Sugar.
By 1915, when the Supreme Court invoked the new Clayton Antitrust Act to dismantle the Trust, competition from these outlaw companies had already rendered it a dead letter, and the motion picture industry had been permanently chased out of New Jersey.
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.
8) The Sherman and Clayton Antitrust Acts (1890 and 1914) were introduced at a time when the UK had no codified competition policy.
The compromise measure worked out by the House and Senate extended the moratorium on the Sherman and Clayton antitrust acts to June 30, 1948, and provided specifically that after that date, the acts would be applicable to the insurance business to the extent that the business was not regulated by state law Named the McCarran-Ferguson Act, the compromise primarily applied to gathering data for setting rates, and its limited exclusions from antitrust laws did not include boycotting, coercing or intimidating.
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.
By denying NAM's Motion, the Court set the stage for trial on our antitrust and unfair-competition claims, which include violations of the Sherman and Clayton Antitrust Acts, the Lanham Act, and those statutes' counterparts in Minnesota state law.
law, when considering the competitive effects of a proposed bank merger or acquisition, the Board is required to apply the competitive standards contained in the Sherman and Clayton antitrust acts.