The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

CLAYTON ACT Definition & Legal Meaning

Definition & Citations:

Amended antimonopoly provisions of the Sherman Act of 1890 by US federal legislation in 1914. It includes the prohibition of (1) price discrimination and tying agreements, (2) sales based on exclusive-dealing contracts, (3) mergers and interlocking directorates that lock out competition.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.