What is the main objective of the Clayton Antitrust Act?

The main objective of the Clayton Antitrust Act is to protect against price discrimination. This act, enacted in 1914, aims to prevent unfair business practices that could lead to anti-competitive behavior. Specifically, it addresses issues such as price discrimination, which occurs when a seller charges different prices to different buyers for the same product or service, without justifiable reasons based on cost differences. By curbing price discrimination, the Clayton Act seeks to ensure fair competition in the marketplace, promote consumer welfare, and prevent monopolistic practices.

This makes it a significant piece of legislation in the realm of antitrust laws designed to enhance market efficiency and fairness. Understanding the fundamental goals of this act is crucial for anyone involved in regulatory compliance or business practices that could be affected by competitive behavior in the market.