The _____ Act prohibits firms from effectively merging by purchasing nonstock assets of rivals.
A) Hart-Scott-Rodino
B) Clayton
C) Robinson-Patman
D) Celler-Kefauver

Question

Quizplus · Accepted Answer

The Celler-Kefauver Act specifically targets asset acquisitions that could reduce competition, by prohibiting mergers and acquisitions where the effect may be to substantially lessen competition or tend to create a monopoly, including the purchase of assets of another company.

The _____ Act Prohibits Firms from Effectively Merging by Purchasing