The Clayton Act prohibits the acquisition of ____________ of competing corporations when the acquisition would lessen competition; the Celler-Kefauver Act prohibits the acquisition of ____________ of one firm by another firm when the acquisition would lessen competition.

Question

Quizplus · Accepted Answer

The Clayton Act specifically prohibits the acquisition of stock of competing corporations when such acquisition would lessen competition, aiming to prevent the creation of monopolies and ensure fair competition. The Celler-Kefauver Act extends these provisions to the acquisition of assets of one firm by another, also when the acquisition would lessen competition, to prevent circumventing the Clayton Act's provisions by acquiring assets instead of stock.

The Clayton Act Prohibits the Acquisition of ____________ of Competing