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Clayton Antitrust Act

The Clayton Antitrust Act of 1914 forbade:
  • Interlocking Directorates,
  • Ownership of stock in competing corporation,
  • Price Cutting below cost to eliminate competitor.

Since Labor unions were exempt from law, boycotts, peaceful strikes, and peaceful picketing were legalized. Injunctions could be used to settle labor disputes only when property damage was threatened.

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