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AlekseyPX
4 years ago
7

The Celler-Kefauver Antimerger Act of 1950:________.

Business
1 answer:
UkoKoshka [18]4 years ago
5 0

Answer:

b. banned anticompetitive mergers that occurred as a result of one company acquiring the physical assets of another company.

Explanation:

  • The Sailor-Kefauver Act was a United States federal law passed in 1950 that amended and strengthened the Clayton Antitrust Act of 1914, which amended the Sherman Antitrust Act of 1890.
  • The Sailor-Kefauver Act was passed to eliminate a loophole to link firms to the acquisition and acquisition of assets that are not direct competitors.
  • The Clayton Act prohibited stock purchase mergers, the competition was reduced, and smarter traders were able to find ways to buy competitive property around the Clayton Act. Under the Sailor-Kefauver Act, asset acquisition competition decreases, and that practice is banned.
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