Passed in 1914, the Clayton Act is federal legislation aimed at preventing certain unfair business practices. The Act regulates activities that may harm competition, such as price discrimination, mergers and acquisitions, requirement contracts, exclusive dealing contracts, and interlocking directorates.
The Constitution limits the application of the Act to any activities related to interstate commerce. Some Clayton Act regulations include:
Any individual found guilty of a Clayton Act violation may face a fine of up to $11,000 and imprisonment.
Last Modified: 11-07-2011 04:24 PM PSTLaw Library Disclaimer
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