The legislation that prohibits the acquisition of assets of another company if the transaction would significantly reduce competition, thereby closing a loophole in the Clayton Act, is the

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The Celler-Kefauver Act specifically addresses the issue of asset acquisition that could significantly reduce competition, amending the Clayton Act to close a loophole that previously allowed such transactions if they were done through asset acquisition rather than stock acquisition.

The Legislation That Prohibits the Acquisition of Assets of Another