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Clayton Act

   Also found in: Legal, Financial, Wikipedia 0.01 sec.
Clayton Act 

a US antitrust act adopted by Congress and signed by President W. Wilson on Oct. 15, 1914.

The act was named for the author of the bill, H. Clayton. It was designed to restrict the activity of trusts and to create the Federal Trade Commission to control them. The act formally released labor and farmer organizations from the prosecutions to which they had been subjected by the Sherman Anti-Trust Act of 1890. However, in practice, judicial prosecution of these groups continued on the basis of other antitrust legislation.
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35) The 1996 Telecommunications Act amended section 7 of the Clayton Act to reaffirm that telecommunications mergers fall within the scope of the DOJ's enforcement authority.
Optimizing dual agency review of telecommunications mergers by Rinner, William J. / Yale Law Journal
Cortez Masto used a federal law, the Clayton Act, to press her case in federal court.
Seeking a boost in regulatory power by J. Patrick Coolican / Las Vegas Sun
26) Relying this time expressly upon Bork's appraisal of the legislative history of the Sherman Act as the "predecessor" of the Clayton Act, the Court concluded that the latter Act, in providing a remedy to anyone injured in his "business or property," covered "pecuniary injuries suffered by those who purchase goods and services at retail for personal use.
Judge Bork, consumer welfare, and antitrust law by Ginsburg, Douglas H. / Harvard Journal of Law & Public Policy
 
 
 
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