Wednesday, January 21, 2015
LAD #27
The main purpose of the Clayton Anti-Trust Act was to start to push government back into the economic lives of people and therefore lessen the power of big businessmen throughout the nation. It begins by stating that those involved in commerce are not allowed to discriminate against others' price choices for their goods and services. Rockefeller had a habit of selling his products at cheaper prices in order to destroy his competition and run them out of business, an act that was now considered illegal thanks to the Clayton Anti-Trust Act. It declared monopolies illegal and stopped the shifting of prices in order to weaken opponents. The act worked to promote free trade by no longer allowing companies to purchase controlling stocks and decrease the impact big business has had on the nation since shortly after the civil war.
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