LAD/Blog #29: Clayton Anti-Trust Act
The Sherman Anti-trust act was similar to the Clayton Anti-trust act, in that it prohibited bug business, but it also prohibited labor unions. This act was passed by Woodrow Wilson in 1914. Before, the government had been far to lenient with big businesses. This act was a response to the failure of the Sherman anti-Trust act. This act prohibited companies from making exclusive contracts, rebates, inter-corporate stock holdings, and price cutting. However the difference between this act and the Sherman Anti-trust act, was that this one no longer restricted labor unions. Instead of prohibiting unions, it protected the workers rights, which made it more successful.
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