Asked by Patrick Olano on Jul 09, 2024
Verified
Like the Sherman Act, Section 3 of the Clayton Act applies only to practices involving commodities, not to those that involve services, intangibles, or land.
Clayton Act
A U.S. antitrust law enacted to prohibit certain actions that could lead to anticompetitive practices, thereby enhancing economic fairness and competition.
Sherman Act
A foundational antitrust law in the United States that outlaws monopolistic business practices and promotes competition.
Commodities
Goods or services that are traded, often in bulk, on a financial market.
- Understand the specific provisions and applications of the Sherman Act and Clayton Act.
Verified Answer
RL
Ricardo LadróndeGuevaraJul 16, 2024
Final Answer :
False
Explanation :
The Clayton Act, including Section 3, applies broadly to commodities, services, intangibles, and land, aiming to prevent anticompetitive practices in their trade or commerce.
Learning Objectives
- Understand the specific provisions and applications of the Sherman Act and Clayton Act.