
Saturday, February 4, 2012
LAD 27 Clayton Anti trust act
The Clayton Anti-trust act was passed as an amendment to clear up and extend on the "Sherman anti trust act." The Clayton Anti-trust act was passed by congress on in 1914. It prohibited sales contracts, local price cutting to freeze out competitors, rebates, and inter corporate stock holdings. The act restricted the use of "injunction" against labor. It also legalized peaceful strikes, boycotting, and picket lines. The act stated "the labor of a human being is not a commodity or article of commerce." Overall the Clayton Anti-trust act aided workers and unions and weakened big businesses.

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