The Clayton Act prohibited
A)all vertical mergers.
B)all horizontal mergers.
C)any merger if its effect was to substantially lessen competition or create a monopoly.
D)all conglomerate mergers.

Question

Quizplus · Accepted Answer

The Clayton Act prohibited mergers if their effect was to substantially lessen competition or create a monopoly. It did not ban all horizontal or vertical mergers, nor did it ban conglomerate mergers. The Act also strengthened the provisions of the Sherman Antitrust Act by prohibiting certain practices such as price discrimination and exclusive dealing.

The Clayton Act Prohibited