LAD #27: The Clayton Anti-Trust Act

Monopolies such as Standard Oil were changing the prices of their goods based on the consumer.  The Clayton Anti-trust Act made this illegal because it stated that businesses and corporations could no longer have different prices for different consumers. Thus, competition between corporations became fairer. In addition, the Act also banned the practice of making buyers only buy one company’s goods and services. This act was one of the early steps in government action after their period of laissez faire. The government started to realize that businesses were gaining so much power and that it was becoming dangerous. The Clayton Anti-trust Act set up a solid framework for ending the era of monopolies and helping to make the business world a fairer environment.