Clayton Act

Clayton Act,

Definition of Clayton Act:

  1. US federal legislation of 1914 that amended the anti-monopoly provisions of the Sherman Act of 1890 to include prohibition of (1) price discrimination and tying arrangements, (2) sales based on exclusive-dealing contracts, (3) mergers and interlocking directorates where the effect of such acquisition may be substantially to lessen competition, or tend to create a monopoly in any line of commerce..

How to use Clayton Act in a sentence?

  1. The Clayton Act was something we studied for a long time and it opened us up to a new set of possibilities and ideas.
  2. The clayton act included several provisions to ensure an optimal business market place would exist where buyers and sellers could trade.
  3. You should know what the clayton act says and make sure that you dont do anything that may violate it.

Meaning of Clayton Act & Clayton Act Definition