The+Clayton+Anti+Trust+Act

= Congress creates Federal Trade commission (1914)  =

Washington DC  August 7, 1914   In the congressional session just completed, congress passed the Clayton Anti-Trust Act. The purpose of the law is to help the consumer by protecting competitions. One major part of the Act set up the Federal Trade Commission. The FTC will work to prevent unfair business practices. It will investigate. The law also prohibits price discrimination that gives one customer advantages over others. In addition this law protects consumers by outlawing anticompetitive agreements by business with supplies.  