Under President Wilson's administration, the Clayton Antitrust Act was passed. Which statement BEST describes an outcome of the Clayton Antitrust Act? A) A federal income tax was established. B) Tariff rates were subtantially reduced. C) Strikes, peaceful picketing, and boycotts became legal. D) Strikes, peaceful picketing, and boycotts became illegal.
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Answered on
C) Strikes, peaceful picketing, and boycotts became legal.
The Clayton Antitrust Act, passed in 1914 under President Woodrow Wilson's administration, aimed to enhance and supplement the Sherman Antitrust Act. It sought to promote fair competition and curb monopolistic practices. One significant aspect of the Clayton Antitrust Act was that it explicitly exempted labor unions and agricultural cooperatives from antitrust prosecution, thus making strikes, peaceful picketing, and boycotts legal activities for organized labor.