The Celler-Kefauver Act of 1950
A) declared every contract or conspiracy to restrain trade illegal.
B) outlawed specific monopolistic behaviors such as tying contracts, price discrimination, and unlimited mergers.
C) extended the language of the Federal Trade Commission Act to include "deceptive" as well as "unfair" competition methods.
D) extended the government's authority to ban vertical and conglomerate mergers.

Question

Quizplus · Accepted Answer

The Celler-Kefauver Act of 1950 specifically targeted anti-competitive practices by extending the government's authority to control and prohibit vertical and conglomerate mergers that could potentially reduce competition, unlike horizontal mergers which were already addressed by previous legislation.