The ________ Act,which was enacted in 1950,widened Section 7 of the Clayton Act's scope to include asset acquisitions.

Question

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The Celler-Kefauver Act, enacted in 1950, amended Section 7 of the Clayton Act to prohibit mergers and acquisitions that would substantially eliminate competition or create a monopoly in any line of commerce or in any section of the country. It also expanded the scope of Section 7 to include asset acquisitions, not just stock acquisitions. The other answer choices are either unrelated to antitrust laws or do not pertain to Section 7 of the Clayton Act.

The ________ Act,which Was Enacted in 1950,widened Section 7 of the Clayton