Which act of Congress extended the government's authority to block horizontal and vertical mergers?
A) Clayton Act.
B) Sherman Antitrust Act.
C) Celler-Kefauver Act.
D) Robinson-Patman Act.

Question

Quizplus · Accepted Answer

The Celler-Kefauver Act, passed in 1950, extended the government's authority to block horizontal and vertical mergers. The act amended the Clayton Act and closed a loophole that allowed companies to evade antitrust scrutiny by acquiring the assets of their competitors rather than merging with them.

Which Act of Congress Extended the Government's Authority to Block