Asked by
Joshua Sternlight
on Nov 26, 2024
Verified
The Clayton Act prohibits the acquisition of ____________ of competing corporations when the acquisition would lessen competition; the Celler-Kefauver Act prohibits the acquisition of ____________ of one firm by another firm when the acquisition would lessen competition.
A) stock; assets
B) assets; stock
C) stock; customers
D) stock; bonds
Clayton Act
A United States antitrust law, passed in 1914, aiming to prevent exclusive sales contracts, corporate mergers, and other practices that restrict competition.
Celler-Kefauver Act
A United States antitrust law passed in 1950, aimed at preventing anti-competitive mergers by closing loopholes relating to asset purchases.
- Familiarize oneself with disallowed actions according to antitrust statutes, including tying agreements and monopoly behaviors.
- Discriminate between several antitrust laws, notably the Sherman and Clayton Acts, understanding their specific objectives.
Verified Answer
CB
Learning Objectives
- Familiarize oneself with disallowed actions according to antitrust statutes, including tying agreements and monopoly behaviors.
- Discriminate between several antitrust laws, notably the Sherman and Clayton Acts, understanding their specific objectives.