Wednesday, January 20, 2016

LAD#27

After reading the Clayton Anti-trust Act, this is the summary I came up with:
The Clayton Anti-trust Act starts by talking about how monopolies are no longer allowed in the United States, and along with this things that restrict or hinder trade are not allowed anymore. It also makes it so that prices dropping in order to make competition go out of business is no longer allowed. Finally, it also says that one company can't, indirectly or directly, gain the majority or whole stock of another company that competes with it. All of this, in the end, destroys the monopolies that were rampaging in America at that time.
Monopoly(click hyperlink for source)
My source for this:
Clayton Anti-trust Act

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