Initially,Section 8 of the Clayton Act prohibited any person from serving as a director of two or more competing corporations (other than banks or common carriers)if each corporation had capital,surplus,and undivided profits aggregating more than ________.

Question

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Initially,Section 8 of the Clayton Act prohibited any person from serving as a director of two or more (other than banks or common carriers)if each corporation had "capital,surplus,and undivided profits aggregating more than $1,000,000" and the corporations were,or had been,competitors,"so that elimination of competition by agreement between them" would violate any of the antitrust laws.

Initially,Section 8 of the Clayton Act Prohibited Any Person from Serving