USA HISTORY

Detailed explanation-1: -Aside from banning the practices of price discrimination and anti-competitive mergers, the new law also declared strikes, boycotts, and labor unions legal under federal law. The bill passed the House with an overwhelming majority on June 5, 1914. President Woodrow Wilson signed it into law on October 15, 1914.

Detailed explanation-2: -Senator Henry Clayton of Alabama introduced the Clayton Antitrust Bill to the US Congress in 1914. The US Congress passed the bill in June 1914, and President Woodrow Wilson later signed it into law.

Detailed explanation-3: -The Clayton Antitrust Act is an antitrust law in the United States codified in 1914. It prevented trade practices that were unfair and harmful to the competitiveness of markets in their infancy. Henry De Lamar Clayton was behind drafting this act, and it came into being under the presidency of Woodrow.

Detailed explanation-4: -Clayton Antitrust Act vs. This allowed businesses to continue engaging in operations that discouraged competition and fair pricing. These controlling practices directly impacted local concerns and often drove smaller entities out of business, which necessitated the passing of the Clayton Antitrust Act in 1914.

Detailed explanation-5: -Clayton Antitrust Act, law enacted in 1914 by the United States Congress to clarify and strengthen the Sherman Antitrust Act (1890).