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Clayton Antitrust Act

(Encyclopedia)Clayton Antitrust Act, 1914, passed by the U.S. Congress as an amendment to clarify and supplement the Sherman Antitrust Act of 1890. It was drafted by Henry De Lamar Clayton. The act prohibited exclu...

Antitrust Act

(Encyclopedia)Antitrust Act: see Clayton Antitrust Act; Sherman Antitrust Act. ...

Sherman Antitrust Act

(Encyclopedia)Sherman Antitrust Act, 1890, first measure passed by the U.S. Congress to prohibit trusts; it was named for Senator John Sherman. Prior to its enactment, various states had passed similar laws, but th...

Robinson-Patman Act

(Encyclopedia)Robinson-Patman Act, passed by the U.S. Congress in 1936 to supplement the Clayton Antitrust Act. The act, advanced by Congressman Wright Patman, forbade any person or firm engaged in interstate comme...

Clayton, Henry De Lamar

(Encyclopedia)Clayton, Henry De Lamar dĕ lˈəmärˌ [key], 1857–1929, U.S. congressman, b. Barbour co., Ala. A Democrat, he was a member of the House of Representatives from 1897 to 1915 and later a federal dis...

Clayton

(Encyclopedia)Clayton, city (2020 pop. 17,355), seat of St. Louis co., E central Mo., a suburb of St. Louis; inc. 1919. Developed in the 1960s, it has high-rise offic...

Federal Trade Commission

(Encyclopedia)Federal Trade Commission (FTC), independent agency of the U.S. government established in 1915 and charged with keeping American business competition free and fair. The FTC has no jurisdiction over ban...

Pujo, Arsène Paulin

(Encyclopedia)Pujo, Arsène Paulin arsĕnˈ pôlăNˈ püzhōˈ [key], 1861–1939, U.S. congressman, b. Lake Charles, La. He practiced law in Louisiana before serving (1903–13) as a Democratic Congressman in the...

merger

(Encyclopedia)merger, in corporate business, fusion of two or more corporations by the transfer of all property to a single corporation. The remaining corporation continues in existence, having absorbed the other(s...

trust

(Encyclopedia)trust, in law, arrangement whereby property legally owned by one person is administered for the benefit of another. Three parties are ordinarily needed for the relation to arise: the settlor, who bequ...