The Clayton Anti-Trust Act, passed in 1914, was written to supplement the Sherman Anti-Trust Act of 1890, which was too vague. While the Sherman Anti-Trust Act outlawed monopolies, the Clayton Anti-Trust Act prevented them from forming by focusing on price fixing and price discrimination. It was enforced by the Federal Trade Commission and the Department of Justice.
![]() AT&T faced charges of breaking antitrust laws in the mid 70's and early 80's. They were forced to break up into AT&T, Verizon, and Qwest. |
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