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Please help me with this question...I just can't get it! I've looked all over.

The Clayton Antitrust Act was important for all of the following reasons EXCEPT:
a.it exempted labor unions from antitrust suits
b.it distinguished between good trusts and bad trusts
c.it named specific business practices illegal
d.it declared boycotts, strikes and peaceful picketing legal

2007-03-16 12:21:27 · 3 answers · asked by Veronica K 3 in Education & Reference Homework Help

I Just need to know which one of thse is wrong!!! Thank You!!

2007-03-16 12:51:14 · update #1

3 answers

b.it distinguished between good trusts and bad trusts

P.S. It's the Magna Carta of Labor

2007-03-16 17:36:32 · answer #1 · answered by MoonSorceress 4 · 1 0

Clayton Antitrust Act, 1914, passed by the U.S. Congress as an amendment to clarify and supplement the Sherman Antitrust Act of 1890. It was drafted by Henry De Lamar Clayton. The act prohibited exclusive sales contracts, local price cutting to freeze out competitors, rebates, interlocking directorates in corporations capitalized at $1 million or more in the same field of business, and intercorporate stock holdings. Labor unions and agricultural cooperatives were excluded from the forbidden combinations in the restraint of trade. The act restricted the use of the injunction against labor, and it legalized peaceful strikes, picketing, and boycotts. It declared that “the labor of a human being is not a commodity or article of commerce.” Organized labor was as heartened by the act as it had been dejected by the doctrine of the Danbury Hatters' Case, but subsequent judicial construction weakened the act's labor provisions. The Clayton Antitrust Act was the basis for a great many important and much-publicized suits against large corporations. Later amendments to the act strengthened its provisions against unfair price cutting (1936) and intercorporate stock holdings (1950

2007-03-16 19:48:19 · answer #2 · answered by cmhurley64 6 · 1 0

See if this web site clarifies the question
http://www.infoplease.com/ce6/history/A0812484.html

2007-03-16 19:36:05 · answer #3 · answered by surffsav 5 · 0 0

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