purpose of the Clayton Act is to
A) provide incentives for interstate commerce.
B) forbid actions that are likely to lessen competition, although no actual harm has yet occurred.
C) exact compensation from firms found guilty of violating fair trade practices.
D) repeal provisions of the Sherman Antitrust Act.
E) strengthen the Robinson-Patman Act.

Question

Quizplus · Accepted Answer

The Clayton Act was passed in 1914 to amend and strengthen the Sherman Antitrust Act. Its purpose was to forbid actions that are likely to lessen competition, even if no actual harm has yet occurred. The act also prohibits monopolies and price discrimination, and provides for private parties to sue for triple damages.

Purpose of the Clayton Act Is to