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The Clayton Antitrust Act of 1914 (Pub. L. 63–212, 38 Stat. 730, enacted October 15, 1914, codified at 15 U.S.C. §§ 12–27, 29 U.S.C. §§ 52–53), is a part of United States antitrust law with the goal of adding further substance to the U.S. antitrust law regime; the Clayton Act seeks to prevent anticompetitive practices in their incipiency.
First, Section 1 of the Sherman Act prohibits price fixing and the operation of cartels, and prohibits other collusive practices that unreasonably restrain trade. Second, Section 7 of the Clayton Act restricts the mergers and acquisitions of organizations that may substantially lessen competition or tend to create a monopoly. Third, Section 2 ...
Standard Oil Co. v. United States, 337 U.S. 293 (1949), more commonly referred to as the Standard Stations case to distinguish it from a 1911 case with the same caption, Standard Oil Co. v. United States, is a 1947 decision of the United States Supreme Court in which requirements contracts for gasoline stations (Standard Stations) were held to violate section 3 of the Clayton Act. [1]
Clayton Act Duplex Printing Press Co. v. Deering , 254 U.S. 443 (1921), is a United States Supreme Court case which examined the labor provisions of the Clayton Antitrust Act and reaffirmed the prior ruling in Loewe v.
Hawaii v. Standard Oil Co. of Cal., 405 U.S. 251 (1972), was a decision by the United States Supreme Court which held that Section 4 of the Clayton Antitrust Act does not authorize a U.S. state to sue for damages for an injury to its general economy allegedly attributable to a violation of the United States antitrust law.
The Interstate Commerce Act of 1887 began a shift towards federal rather than state regulation of big business. [citation needed] It was followed by the Sherman Antitrust Act of 1890, the Clayton Antitrust Act and the Federal Trade Commission Act of 1914, the Robinson-Patman Act of 1936, and the Celler-Kefauver Act of 1950.
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Evidence of the common law basis of the Sherman and Clayton Acts is found in Standard Oil of New Jersey v. United States, [26] where Chief Justice White explicitly linked the Sherman Act with the common law and sixteenth-century English statutes on engrossing. [27] The Act's wording also reflects common law. The first two sections read as follows,