
How did the Clayton Antitrust act benefit labor?
Answer
544.5k+ views
Hint: We will discuss the Clayton Antitrust act benefit labor.Antitrust act is a piece of legislation passed by US Congress.the earlier act was declared illegal now this new act prohibits the discrimination of one customers through prices and other means it also prohibits merging of farms whenever the effect may be so that competition should be reduced.
Complete answer:
Let us discuss more.The act define unethical business practices such as price-fixing and Monopoly and uphold various rights of labour it affected the American business practices today it protects individuals by allowing lawsuits against companies and upholding the rights of labour to organised the protest peacefully they have he act declared then the unions were not unlawful under the antitrust provisions and worker compensation bills for past in most states union contracts also resulted in shorter days giving workers some three yards often to spend their time with family the act was passed in nineteen hundred fourteen to regulate US business practices today it was a indented to strengthen earlier and interest legislation react prohibits and the competitive mergers predatory and discriminatory pricing and other forms of unethical corporate behavior.competition should be reduced. And teachers long and interested in long history business practices considered unfair on monopolistics; it was the longest standing policy of maintaining competition among business enterprises.
Note: There have been several amendments to the act expanding its provisions that act was intended to strengthen than earlier legislation that prohibit anti-competitive merger, predatory and discriminatory pricing.
Complete answer:
Let us discuss more.The act define unethical business practices such as price-fixing and Monopoly and uphold various rights of labour it affected the American business practices today it protects individuals by allowing lawsuits against companies and upholding the rights of labour to organised the protest peacefully they have he act declared then the unions were not unlawful under the antitrust provisions and worker compensation bills for past in most states union contracts also resulted in shorter days giving workers some three yards often to spend their time with family the act was passed in nineteen hundred fourteen to regulate US business practices today it was a indented to strengthen earlier and interest legislation react prohibits and the competitive mergers predatory and discriminatory pricing and other forms of unethical corporate behavior.competition should be reduced. And teachers long and interested in long history business practices considered unfair on monopolistics; it was the longest standing policy of maintaining competition among business enterprises.
Note: There have been several amendments to the act expanding its provisions that act was intended to strengthen than earlier legislation that prohibit anti-competitive merger, predatory and discriminatory pricing.
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