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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 233.54-1.8%Nov 7 9:30 AM EST

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To: muzosi who wrote (213060)10/10/2006 3:09:11 PM
From: WindsockRead Replies (1) of 275872
 
The Clayton Act was not used to divide Standard Oil into separate companies. The Sherman Act was used by the U S Supreme Court for that task.

en.wikipedia.org

The Clayton Act was not passed until later in 1914 and was designed to repair problems with the Sherman Act. "The Act was intended to prevent arrangements designed to, or which tend to, increase the cost of goods to the consumer. It was not specifically intended to prevent the dominance of an industry by a specific company, despite misconceptions to the contrary. According to Senator George Hoar, an author of the bill, any company which "got the whole business because nobody could do it as well as he could" would not be in violation of the act."

en.wikipedia.org
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