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Word Count: 946
The Sherman Anti-Trust Act spelled it out for all to hear that monopolies and trusts and attempts at them were hereby considered illegal Every contract or conspiracy that was in restraint of trade or interstate commerce was also deemed illegal The act further mentions that Federal courts are empowered to restrain these companies and give injunctions as well as supeona people and records There is also mention in the act of relief for injured parties In such a way that they can sue and receive monetary relief for the damages incurred Lastly although ambiguous as a whole the act does directly state that the word persons can be used as a synonym for corporationsassociations The Federal Trade Commission Act further enacts that all unfair methods of competition in commerce are made illegal This includes persons partnerships or corporations except banks and common carriers In order to prevent these abuses the FTC can serve cease and desist orders or go to federal court and seek an injunction The commissions sole purpose is to investigate into matters of unfair competition and carry through the proper methods for eliminating these practices under the umbrella of powers it holds This act also states that the commission and courts cannot whether peacefully or forcefully persuade an employee to quit or discontinue to communicate information with their employee and co-workers unless to prevent an injury with no remedy or an irreparable injury The Clayton Anti-Trust Act specifically tries to identify practices and brut up the enforcement of these activities that were already made illegal With this act there is to be no price discrimination to lessen competition There is to be no manipulation by anyone to try and persuade anyone from using another persons commodities when these motives are to substantially lessen competition or to create a monopoly It also spells out that labor is not a commodity That people in labor agriculture or horticulture who lawfully
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