LAD#24

The Clayton Anti-Trust Act:
This was a law that had originated from the opposition to trusts at this time period. The law had the basis of the sherman anti-trust act, but consisted of other specific provisions against the unethical and now illegal spirit of trusts. The first provision was to eliminate "price discrimination". This idea was benificial because it would increase a spirit of competitiveness that had been lost in some companies abilities to compete as larger companies could lower their prices dramatically. The next provisions were instituted in order to eliminate selling to only specific people or companies that would benifit them in the long run. Following these were the provisions, which held the purpose of destroying unethical merging or acquisitions. A lot of these large trusts overtook smaller companies in order to benifit their own selves in the end. This led to a decrease in the small enterprise that had effectively categorized the American economy into a capitalistic natured economy. And finally a provision which made running two or more like companies illegal. This would eliminate further what was ongoing with the mergers and aquisitions- eliminating the business spirit of America. The Clayton Anti-Trust distinguised the progressive era as a period of change and a positive outlook- returning America to its enterprise foundations.