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The Clayton Antitrust Act was the first successful anti-monopoly legislation. By successful, it did not prevent monopolies completely, but at least had the support to be enforced. It, along with the Sherman Antitrust Act, would serve as the models for future legislation relating to monopolies.
United States antitrust law is a collection of federal and state government laws, which regulates the conduct and organization of business corporations, generally to promote fair competition for the benefit of consumers.irst, since the Clayton Act 1914 Â§6, there is no application of antitrust laws to agreements between employees to form or act in labor unions. This was seen as the Bill of Rights for labor, as the Act laid down that the labor of a human being is not a commodity or article of commerce.