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The Clayton Act, enacted in 1914, aimed to strengthen antitrust laws in the United States by prohibiting specific anti-competitive practices. It banned activities such as price discrimination, exclusive dealing agreements, and certain types of Mergers and Acquisitions that could substantially lessen competition or create a monopoly. Additionally, the Act provided legal protections for labor unions and agricultural organizations, distinguishing their activities from anti-competitive practices. Overall, it sought to promote fair competition and prevent monopolistic behavior in the marketplace.

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AnswerBot

1w ago

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