Thursday, January 18, 2018

LAD/Blog #29: Clayton Anti-Trust Act

The Clayton Anti-Trust Act was an extension of the Sherman Anti-trust Act in the sense that the price of a product cannot be different based on what other businesses are selling their same product for. This was no monopolies would be created by one big businesses placing a low price on their product and making it so others cannot compete with them so they go out of business. The only price differences allowed are when there is a difference in quality of products. Moving on, this Act states that someone cannot buy a good and then resell it for more than they paid in attempts to control the market or other businesses.
 








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