Saturday, February 2, 2013

LAD #27

Summarize The Clayton Anti-Trust Act

This act serves to expand and legitimized the government's stand against the corrupt policies of Big Businesses that was a little more symbolic as stipulated by the Sherman Anti-Trust Act before it. It legalization the discrimination in price between multiple products that are similar, such as railroads. This is not meant to restrict the producers choice from selecting customers in bona fide transactions to allow full flow of free trade. In addition, it prohibits the practice of granting rebated and other malpractices of price shifting to force out competitors from business.Another stipulation is that it calls for the promotion of free trade.




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