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Chapter 08 #19

c) The Clayton Antitrust Act

The Clayton Antitrust Act, enacted in 1914, was designed to further restrict monopolies and protect trade. This law built upon and strengthened earlier antitrust legislation, specifically addressing practices that previous laws had not effectively prohibited. The act aimed to curb anti-competitive practices and protect workers, consumers, and small businesses from unfair corporate dominance. It was an important legislative achievement of the Progressive Era, reflecting the ongoing effort to balance the power of large corporations with the public interest.