Another section of it prohibited any person from serving as director of two large competing corporations, and its Alabama drafter also included provisions which prohibited local price cutting to freeze out competitors, thus strengthening its weaker predecessor.
In United States v. Continental Can Co., the Supreme Court ruled that section 7 of it applied to all industries with the same user end market. This act contained provisions which reversed the decision in Loewe v. Lawlor, and it was later extended by the Hart-Scott-Rodino Act and Cellar-Kefauver Act. Another section of it prohibited any person from serving as director of two large competing corporations, and its Alabama drafter also included provisions which prohibited local price cutting to freeze out competitors, thus strengthening its weaker predecessor. FTP, identify this 1914 piece of legislation which strengthened the Sherman Antitrust Act.
In United States v. Continental Can Co., the Supreme Court ruled that section 7 of it applied to all industries with the same user end market.
{Clayton} Antitrust {Act }