The clayton act 1914 this act made the following

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The Clayton Act (1914) This act made the following business practices illegal when their effects “may be to substantially lessen competition or tend to create a monopoly.” a) Price discrimination: charging different customer different prices for the same product where the prices differentiation are not related to cost differences. b) Exclusive Dealing: selling to a retailer on the condition that the seller not carry any rival products. c) Tying contracts; Arrangement made whereby the sale of one product is dependent on the purchase of some other products. d) The acquisition of competing company’s stock if the acquisition reduces competition. e) Interlocking Directorates: An arrangement whereby the director of one company sits on the board of directors of another company in the same industry. This was made illegal.
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The Federal Trade Commission Act (1914) This act contained the broadest and most general language of any antitrust act. It declared illegal, "unfair methods of competition in commerce.’ The act also set up the Federal Trade Commission (FTC) to deal with, “unfair methods of competition.” The Wheeler-Lea Act (1938) This act empowered the Federal Trade Commission to deal with false and deceptive acts of practices.
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