Which of the following U.S. antitrust laws prohibits mergers through the acquisition of a firm's assets if the merger would lessen competition?
A) Clayton Act.
B) Robinson-Patman Act.
C) Celler-Kefauver Act.
D) Sherman Antitrust Act.

Question

Quizplus · Accepted Answer

The Celler-Kefauver Act, also known as the "Amendments to Section 7 of the Clayton Act," prohibits mergers and acquisitions that would likely result in a substantial lessening of competition in any relevant market. It specifically addresses mergers through the acquisition of a firm's assets, not just stock, and extends to cover a broader range of transactions than the Clayton Act. The Sherman Antitrust Act and the Robinson-Patman Act do not specifically prohibit mergers through the acquisition of assets.

Which of the Following U