The Celler-Kefauver Act of 1950 plugged a technical loophole in the Clayton Act which permitted many large horizontal mergers.

Question

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The Celler-Kefauver Act of 1950 amended and added new provisions to the Clayton Act to allow the government to scrutinize and block mergers that would lead to a substantial lessening of competition, including horizontal mergers. The act closed a loophole that allowed some large horizontal mergers to go unchallenged under the Clayton Act.

The Celler-Kefauver Act of 1950 Plugged a Technical Loophole in the Clayton