Clayton Antitrust Act, law enacted in 1914 by the United States Congress to clarify and strengthen the Sherman Antitrust Act. When President Woodrow Wilson asked for a drastic revision of existing antitrust legislation, Congress responded by passing the Clayton measure.
The Clayton Act specified particular prohibited conduct, the three-level enforcement scheme, the exemptions, and the remedial measures.The Act focuses on topics such as price discrimination, price fixing, and unfair business practices.
