Table of Contents
What did the Clayton Antitrust Act do?
The newly created Federal Trade Commission enforced the Clayton Antitrust Act and prevented unfair methods of competition. Aside from banning the practices of price discrimination and anti-competitive mergers, the new law also declared strikes, boycotts, and labor unions legal under federal law.
Is the Clayton Antitrust Act still in effect?
The Clayton Antitrust Act of 1914 continues to regulate U.S. business practices today. Intended to strengthen earlier antitrust legislation, the act prohibits anticompetitive mergers, predatory and discriminatory pricing, and other forms of unethical corporate behavior.
What is a combination in restraint of trade?
Legal Definition of combination in restraint of trade : any monopoly or attempt at monopoly or any contract, combination, or conspiracy intended to restrain trade or commerce that violates the anti-trust laws — see also Sherman Antitrust Act.
What is the difference between Sherman Act and Clayton Act?
Whereas the Sherman Act only declared monopoly illegal, the Clayton Act defined as illegal certain business practices that are conducive to the formation of monopolies or that result from them. The Clayton Act and other antitrust and consumer protection regulations are enforced by the Federal Trade Commission.
What is Section 7 of the Clayton Act?
Section 7 of the Clayton Act prohibits mergers and acquisitions where the effect “may be substantially to lessen competition, or to tend to create a monopoly.” As amended by the Robinson-Patman Act of 1936, the Clayton Act also bans certain discriminatory prices, services, and allowances in dealings between merchants.
What is trade combination?
A combination trade is an option strategy where the trader takes a position in both call and put options in the same underlying stock. In this particular type of trade, an investor will purchase both a call and put on the same stock, and both of these options will have identical strike prices and expiration dates.
What is a combination in law?
Section 5 of the Competition Act explains combination as: ‘Acquisition of one or more enterprises by one or more persons or merger or amalgamation of enterprises shall be a combination of such enterprises and persons or enterprises’.
What is the difference between the Sherman Act and the Clayton Act?
Whereas the Sherman Act only declared monopoly illegal, the Clayton Act defined as illegal certain business practices that are conducive to the formation of monopolies or that result from them.