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What is the Clayton Antitrust Act of 1914?

The Clayton Antitrust Act of 1914 ( Pub. L. 63–212, 38 Stat. 730, enacted October 15, 1914, codified at 15 U.S.C. §§ 12 – 27, 29 U.S.C. §§ 52 – 53 ), is a part of United States antitrust law with the goal of adding further substance to the U.S. antitrust law regime; the Clayton Act seeks to prevent anticompetitive practices in their incipiency.

What is the difference between Sherman Act and Clayton Antitrust Act?

Clayton Antitrust Act, law enacted in 1914 by the United States Congress to clarify and strengthen the Sherman Antitrust Act. Whereas the Sherman Act only declared monopoly illegal, the Clayton Act defined as illegal certain business practices that are conductive to the formation of monopolies or that result from them.

How does the Clayton Act affect antitrust law?

The Clayton Act made both substantive and procedural modifications to federal antitrust law. Substantively, the act seeks to capture anticompetitive practices in their incipiency by prohibiting particular types of conduct not deemed in the best interest of a competitive market.

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