Clayton act

One of the primary federal antitrust laws. The Clayton Act specifically prohibits price discrimination (selling to different buyers at different, discriminatory prices) (Section 2(a), as amended by the Robinson-Patman Act), tying arrangements, exclusive dealing, and corporate expansion if these activities substantially lessen competition or create a monopoly. It also prohibits interlocking corporate directorships where the corporations are competitors; no individual may simultaneously serve on the boards of directors of two or more competing corporations, if one of the corporations has assets over one million dollars.


 


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