Taft-Hartley Act

Taft-Hartley Act definition - business

Taft-Hartley Act

Federal antiunion legislation passed by Congress in 1947 over a veto by President Harry Truman. The act prohibited closed shops and required that a majority of employees approve a union shop. The legislation prohibited unions from contributing to political campaigns and allowed companies to refuse to bargain with unions.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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