Changes

Jump to navigation Jump to search

Clayton Act (view source)

Revision as of 00:18, November 28, 2007

628 bytes added ,  00:18, November 28, 2007
improved
Line 1: Line 1: −
The Clayton Act is a [[federal law]] which is an amendment to the [[Sherman Act]] dealing with [[antitrust]] regulations and unfair trade practices. [[category:legal terms]]
+
The Clayton Act is a [[federal law]] which is an amendment to the [[Sherman Act]] which strengthened [[antitrust]] laws against anticompetitive and unfair trade practices.  
 +
 
 +
Section 4 of the Clayton Act establishes treble (triple) damages for victorious [[plaintiff]]s, making [[antitrust]] lawsuits very attractive for plaintiffs.  Juries are typically not told that their award of damages will be trebled.
 +
 
 +
Under the Clayton Act, the statute of limitations is four years for [[antitrust]] claims. 15 U.S.C. § 15(b). The limitations period does not begin until the damages are incurred and ascertainable. Every time a plaintiff is injured, a cause of action accrues and the statute of limitations runs from the commission of the act by the defendants.
 +
[[category:legal terms]]
 +
[[category:antitrust]]
Aschlafly
Anthony, Irenaeus, Siteadmin, apieditor, Bureaucrats, Check users, nsAm_Govt_101RO, nsAm_Govt_101RW, nsAm_Govt_101_ta, nsJudgesRO, nsJudgesRW, nsJudges_talkRO, nsJudges_talkRW, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, oversight, Administrators
126,194

edits

Retrieved from "https://www.conservapedia.com/Special:MobileDiff/343951"

Navigation menu