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Clayton Antitrust act (1914):

designed to strengthen the Sherman Antitrust act of 1890 by declaring illegal certain corporate practices not included in the Sherman act

* The definiton of "unfair methods of competition" was expanded to include price discrimination, interlocking directories, purchase by on company of stock in competing corporations, and contracts limiting the right of purchasers to handle the products of competing companies * Officers of corporations were made liable for illegal acts of the corporation. * The use of injunctions in labor disputes was prohibited unless necessary to prevent damage of property. * Labor unions and agricultural associations were exempted from antitrust acts, and strikes, boycotts, and peaceful picketing were deemed legal processes

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17y ago

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