Clayton Antitrust Act of 1914

Definition

The Clayton Antitrust Act was a law enacted in 1914 to strengthen existing laws against unlawful restraints and monopolies, and to further regulate interstate commerce.

Related terms

Sherman Antitrust Act: An 1890 law that banned any trust that restrained interstate trade or commerce.

Monopoly: A situation where a single company or group owns all or nearly all of the market for a given type of product or service.

Trusts: Large business entities formed with intent to monopolize business, stifle competition, manipulate prices, and control large sectors of economy.