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| Clayton Anti-Trust Act |
The Clayton Anti-Trust Act was an addition to the Sherman Anti-Trust Act of 1890. It was meant to increase the effectiveness of the Sherman Anti-Trust Act, which had the greater impact out of the two. The Clayton Anti-Trust Act focused more on the price discrimination, price fixing, and unfair business practices still in use during the Progressive Era. Enforced by the Federal Trade Commission and the Antitrust division of the Department of Justice, the Clayton Anti-Trust Act took down price discrimination and big business merging, which destroyed competition. It stated that discrepancies in prices could only occur due to the quality of the products and prohibited people from selling at lower prices when their intent was to create a monopoly. The Sherman Anti-Trust Act and the Clayton Anti-Trust Act worked well together, one banning monopolies, and the other prohibiting their formation.
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| The Celler-Kefauver Act of 1950 prohibited big businesses from buying up their competition's assets, which was a loophole they found through the Clayton Anti-Trust Act. |
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