Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

Clayton Act

A federal statute - enacted in 1914 to amend the Sherman Act - that prohibits price discrimination, tying arrangements, and exclusive-dealing contracts, as well as mergers and interlocking directorates, if their effect might substantially lessen competition or create a monopoly in any line of commerce. 15 USCA ยงยง 12-27. Cl. Ct. abbr. CLAIMS COURT, U.S.