LAD #27

Henry De Lamar Clayton Jr., whom the act was named for.

The Clayton Anti-Trust Act added to the Sherman Anti-Trust Act's list of banned practices that restrict trade. Price discrimination, which is selling products at different prices for different people, was banned. Also, interlocking directorates were banned, which is when people serve on the board of trustees for multiple companies in competition. However, labor unions were exempted from being considered trusts, strikes became legal, as did peaceful picketing.

The logo for the Federal Trade Commission, which was established by the act.

The Clayton Anti-Trust Act is similar to the Federal Trade Commission Act (1914) since both outlawed unfair business practices and unfair methods of competition, which could hurt consumers.