Section 7 Of The Clayton Act

Section 2 of the clayton act deals with price discrimination where a company decides to offer different prices for the same product or service.

Section 7 of the clayton act. Section 7 speaks of any line of commerce in any section of the country emphasis added. 23 1935 amended section generally. The vague language of the latter had provided large corporations with numerous loopholes enabling them to engage in certain restrictive business arrangements that though not illegal per se resulted in concentrations that had an adverse effect on competition.

109 304 19 oct. 18a as added by the hart scott rodino antitrust improvements act of 1976 public law 94 435 90 stat. Section 7 of the clayton act allows greater regulation of mergers than just sherman act section 2 since it does not require a merger to monopoly before there is a violation.

Section 7 of the clayton act prohibits mergers and acquisitions where the effect may be substantially to lessen competition or to tend to create a monopoly as amended by the robinson patman act of 1936 the clayton act also bans certain discriminatory prices services and allowances in dealings between merchants. 1710 and formerly set out in the appendix to title 5 or to secretary of commerce by section 202 of reorg. 9 1928 amended second par.

Such a strategy attempts to maximize the price that each customer is willing to pay. It allows the federal trade commission and department of justice to regulate all mergers and gives the government discretion whether to give approval to a merger or not. 2 1929 amended second par.

Functions of board transferred either to federal maritime commission by section 103 of reorg. But section 7 of the clayton act has a market definition different from that of section 2. Intended to strengthen earlier antitrust legislation the act prohibits anticompetitive mergers.

The clayton antitrust act passed in 1914 continues to regulate u s. Section 7 of the clayton act prohibits mergers and acquisitions when the effect may be substantially to lessen competition or to tend to create a monopoly the key question the agency asks is whether the proposed merger is likely to create or enhance market power or facilitate its exercise. 6 2006 120 stat.