The Clayton Antitrust Act<span> is an amendment passed by U.S. Congress in 1914 that provides further clarification and substance to the Sherman </span>Antitrust Act<span> of 1890 on topics such as price discrimination, price fixing and unfair business practices.</span>
President Obama's first inauguration was held during the depths of the Great Recession. The situation was dire; the economy had lost nearly 3.6 million jobs in 2008 and was shedding jobs at a nearly 800,000 per month rate when he took office.
