Sunday, February 9, 2014

LAD #27

The Clayton Anti-Trust Act Summarized

hi mr. decarlo, how are olivia and little alec?
(from Lindsay Iuppa)

  • act prohibits price discrimination between different purchasers if such discrimination substantially lessens competition or tends to create a monopoly in any line of commerce
  • prohibits "exclusive dealings"
    • consumer agrees to only buy from one seller
  • also prohibits "tying"
    • buyer agrees to buy one product in collaboration with another
  •  it prohibits any one person from being a director of two or more competing corporations

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