LAD/Blog #29: Clayton Anti-Trust Act
The Clayton Anti-Trust Act was passed under President Woodrow Wilson, in 1914, that worked to strengthen the power of the government in dealing with monopolies. It also laid out the foundation for the current practices of the government to regulate monopolies. The Sherman Anti-Trust Act was one of the first attempts by a president to control big businesses. The Sherman Anti-Trust Act was passed under Theodore Roosevelt, the trust-buster, which was a less detailed act than the one passed by Wilson. The Clayton Anti-Trust Act limited the power once held by big businessmen and businesses. The difference between the two acts was that the Clayton Anti-Trust Act made it so that it could not be used against unions.The Clayton Anti-Trust act made a bigger difference because the Sherman Anti-Trust Act was not enforced which allowed for big business to continue.At the time that the Clayton Anti-Trust Act was passed, the Federal Trade Commissions Act was passed which created the FTC. Both of thes...