BMAL 560 Congressman Henry De Lamar Clayton led to the Clayton Antitrust Act

BMAL 560  Congressman Henry De Lamar Clayton -led to the Clayton Antitrust Act  Senator Joseph Robinson and Congressman John Wright Pathan - led to Robinson-Pathan Act  Congressman Emanuel Cellar and Senator Carey Kefauver - led to Celler-Kefauver Act  Senator Phillip Hart, Senator High Scott and Congressman Peter Rosina - Led to Antitrust improvements Act also known as the HRS Act  Federal Trade Commission enforces antitrust laws  American Bar association Section of Antitrust law Antitrust Critics  Milton Friedman, expressed that antitrust laws do more hurt than good  Sowell argues that Antitrust didn’t stimulate true market competition  Large business are reluctant of antitrust as well as corporations PERIOD:  1890 Sherman Antitrust Act- Prohibits unreasonable restraint of trade, The United States Antitrust regulation foundation  1914 Clayton Antitrust Act- Addresses specific practices that the Sherman Act does not clearly prohibit. Prohibits mergers and interlocking directorates.  1914 Federal Trade Commission Act- “Bans unfair methods of competition” (ftv.gov)  1936 Robinson-Patman Act- amended the Clayton antitrust act, “ bans certain discriminatory prices, services, and allowances in dealings between merchants” (ftc.gov)  1950 Cellar-Kefauver antimerger act- strengthen and reformed Clayton Act by preventing certain assets acquisitions and mergers that limit competition.