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The Clayton Antitrust Act
In 1914, Congress passed two more laws that further protected the competitive marketplace. The Clayton Antitrust Act outlawed the following:
Trusts formed by two companies with interlinking boards of directors
Fixing prices in agreement with other businesses offering competing products
Making agreements with other businesses to control the supply — and thus the price — of a product
Abusing power to gain or maintain a monopoly
Soon after, Congress established the Federal Trade Commission to enforce antitrust laws.
© Copyright 1998 The Washington Post Company
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