LAD #24

7 February 2007
Lad 24:
Clayton Anti-Trust Act (1914)
Regarding the prices for consumers, it shall be unlawful for any person involved in commerce, directly or indirectly, to discriminate in price between different purchasers of commodities of like grade and quality. Yet, it may also be noted that the Federal Trade Commission may, after investigation and hearing to all interested parties, fix and establish quantity limits. These limits may also be revised by the Federal Trade Commission. If at any point, this act is disobeyed the Commission is authorized to issue an order terminating the discrimination. In this case, payment or acceptance of commission, brokerage, or other compensation will be given. It shall also be against the law for any person engaged in commerce to pay or contact for the payment of anything of value to or for the benefit of a customer. Discrimination against one purchase over another by contracting to furnish or furnishing, will not be tolerated. Knowingly inducing or receiving discriminatory price will also be outlawed at this time. Nothing, however, in this Act shall prevent a cooperative association from returning to its members, as well as the exemption of non-profit institutions from price discrimination provisions. Because the labor of a human being is not a commodity or article of commerce, this article does not restrain or restrain the labor union of the United States of America.