What did the clayton antitrust act ban?

Answer 1

The Clayton Anti-Trust Act of 1914, passed by W. Wilson, prohibits exclusive sales contracts, local price cutting to freeze out competitors, rebates, interlocking directorates in corporations capitalized at $1 million, and inter-corporate stock holding. It also restricted the use of the injuction against labor, and it legalized peaceful strikes, picketing, and boycotts. Later amendments to the act strengthened its provisions against unfair price cutting (1936) and inter-corporate stock holdings (1950).

Answer 2

The Clayton Antitrust act banned injunctions against strikers unless the strikers threatened damage that could not be remedied. This act also prohibited corporations from acquiring the stock of another if doing so would create a monopoly; if a company violated the law, it's officers could be prosecuted. Samuel Gompers called it a magna carta for labor. It was signed by President Wison.

Answer 3

The Federal Trade Commission Act of 1914 prohibits unfair methods, acts, and practices of competition in interstate commerce.