The Clayton Act, officially known as the "Clayton Antitrust Act of 1914," is a U.S. federal law that seeks to prevent anti-competitive practices in their incipience. It complements the Sherman Antitrust Act of 1890 and is designed to prohibit particular types of conduct that are not necessarily covered by the older act.
The Clayton Act, officially known as the "Clayton Antitrust Act of 1914," is a U.S. federal law that seeks to prevent anti-competitive practices in their incipience. It complements the Sherman Antitrust Act of 1890 and is designed to prohibit particular types of conduct that are not necessarily covered by the older act.
Here are some key sections of the Clayton Act as found in the U.S. legal code:
TITLE 15—COMMERCE AND TRADE, CHAPTER 1—MONOPOLIES AND COMBINATIONS IN RESTRAINT OF TRADE, §12. Definitions; short title: This section defines the term "antitrust laws" and includes the Clayton Act within that definition. It also defines "commerce" and the term "person" for the purposes of the Act.
TITLE 15—COMMERCE AND TRADE, CHAPTER 1—MONOPOLIES AND COMBINATIONS IN RESTRAINT OF TRADE, §35. Recovery of damages, etc., for antitrust violations from any local government, or official or employee thereof acting in an official capacity: This section prohibits the recovery of damages, interest on damages, costs, or attorney's fees under the Clayton Act from any local government, or official or employee thereof acting in an official capacity.
TITLE 15—COMMERCE AND TRADE, CHAPTER 1—MONOPOLIES AND COMBINATIONS IN RESTRAINT OF TRADE, §36. Recovery of damages, etc., for antitrust violations on claim against person based on official action directed by local government, or official or employee thereof acting in an official capacity: Similar to the previous section, this section also prohibits the recovery of damages, interest on damages, costs, or attorney's fees under the Clayton Act in any claim against a person based on any official action directed by a local government, or official or employee thereof acting in an official capacity.
TITLE 12—BANKS AND BANKING, CHAPTER 34—FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL, §3208. Powers available to Attorney General for enforcement: This section makes all functions and powers of the Attorney General under the Clayton Act available for the enforcement of this section, irrespective of any jurisdictional tests in the Clayton Act.
TITLE 46—SHIPPING, CHAPTER 405—TARIFFS, SERVICE CONTRACTS, REFUNDS, AND WAIVERS, §40307. Exemption from antitrust laws: This section provides certain exemptions from the antitrust laws, including the Clayton Act, for agreements and activities related to shipping and trade.
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The Clayton Act, officially known as the "Clayton Antitrust Act of 1914," is a U.S. federal law that seeks to prevent anti-competitive practices in their incipience. It complements the Sherman Antitrust Act of 1890 and is designed to prohibit particular types of conduct that are not necessarily covered by the older act.
Here are some key sections of the Clayton Act as found in the U.S. legal code:
TITLE 15—COMMERCE AND TRADE, CHAPTER 1—MONOPOLIES AND COMBINATIONS IN RESTRAINT OF TRADE, §12. Definitions; short title: This section defines the term "antitrust laws" and includes the Clayton Act within that definition. It also defines "commerce" and the term "person" for the purposes of the Act.
TITLE 15—COMMERCE AND TRADE, CHAPTER 1—MONOPOLIES AND COMBINATIONS IN RESTRAINT OF TRADE, §35. Recovery of damages, etc., for antitrust violations from any local government, or official or employee thereof acting in an official capacity: This section prohibits the recovery of damages, interest on damages, costs, or attorney's fees under the Clayton Act from any local government, or official or employee thereof acting in an official capacity.
TITLE 15—COMMERCE AND TRADE, CHAPTER 1—MONOPOLIES AND COMBINATIONS IN RESTRAINT OF TRADE, §36. Recovery of damages, etc., for antitrust violations on claim against person based on official action directed by local government, or official or employee thereof acting in an official capacity: Similar to the previous section, this section also prohibits the recovery of damages, interest on damages, costs, or attorney's fees under the Clayton Act in any claim against a person based on any official action directed by a local government, or official or employee thereof acting in an official capacity.
TITLE 12—BANKS AND BANKING, CHAPTER 34—FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL, §3208. Powers available to Attorney General for enforcement: This section makes all functions and powers of the Attorney General under the Clayton Act available for the enforcement of this section, irrespective of any jurisdictional tests in the Clayton Act.
TITLE 46—SHIPPING, CHAPTER 405—TARIFFS, SERVICE CONTRACTS, REFUNDS, AND WAIVERS, §40307. Exemption from antitrust laws: This section provides certain exemptions from the antitrust laws, including the Clayton Act, for agreements and activities related to shipping and trade.