The Clayton Act <Back to Last Page>     <Full Glossary>

Definition of The Clayton Act: The Clayton Act is a 1914 U.S. law on the subject of antitrust and price discrimination.

Section two prohibits price discrimination.

Section three prohibits sales based on an exclusive dealing contract requirement that may have the effect of lessening competition.

Section seven prohibits mergers where "the effect of such acquisition may be substantially to lessen competition, or tend to create a monopoly" in any line of commerce. (Econterms)

Terms related to The Clayton Act:

• Exclusive dealing

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