Clayton Act
Clayton Act: a United States antitrust law first passed in 1914. It seeks to prohibit a range of restrictive business practices and to “arrest the creation of trusts, conspiracies, and monopolies in their incipiency and before consummation”. It also permits the imposition of treble damages. The Act in general applies to foreign trade, but some provisions are limited to interstate commerce. See also competition policy, Robinson-Patman Act, Sherman Act and Webb-Pomerene Act.
Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf
Web site to visit: http://ctrc.sice.oas.org
Author of the text: W. Goode
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