LAD #27: Clayton Anti-Trust Act

It described to start as a law to coincide with existing laws against the restriction of commerce and monopolistic practices. In Section 2 it states that in any territory of the United States, if a product has its priced discriminated against the consumer for the purpose of hindering commerce and building a monopoly is illegal. This is not to be misinterpreted and all those who vary prices for the consumer based off of grade, quality, or quantity of the commodity sold and have their prices based off of the practices of fair competition. Also, those selling one on one goods with a selective customer policy shall not be effected unless otherwise restraining trade. In Section 3 the issue of preferential commercial relations and outlaws all leases and sales of contracts for the exclusive ability to sell the specific good. As a result, no rebates, agreements, conditions, or fixed price rates are permitted between these companies. This is permitted if the lessee is not involved in the industry with which he is leasing, and if he/she is then if the relationship effects non member partners detrimentally and attempts to provide a monopoly it is outlawed. Lastly, Section 7 states that no corporation may own or sell stock with another corporation in commerce with it that tends to relate the companies substantially and start a monopoly.