The Clayton Act
A) replaced the Sherman Act.
B) along with its amendments, outlawed several business practices if they substantially lessened competition or created monopoly.
C) along with its amendments, prohibited all business practices that substantially lessen competition or create monopoly.
D) was the first anti-trust law in the United States.
E) was repealed in 1985.

Question

Quizplus · Accepted Answer

The Clayton Act, passed in 1914, along with its amendments, outlawed several specific business practices if they substantially lessened competition or created monopoly. It did not prohibit all business practices that lessen competition, as some practices have a pro-competitive effect. The Sherman Act is a separate anti-trust law that remains in effect today. The Clayton Act has not been repealed and remains a significant tool for enforcing anti-trust laws in the United States.