If a firm engages in a vertical merger that substantially reduces competition, then it is likely to be in violation of the:
A) Clayton Act.
B) Celler-Kefauver Act.
C) Sherman Antitrust Act.
D) Federal Trade Commission Act.

Question

Quizplus · Accepted Answer

The Celler-Kefauver Act of 1950 prohibits any merger or acquisition that is likely to lessen competition or create a monopoly, including vertical mergers. The act amended the Clayton Act to enhance its effectiveness in addressing antitrust violations. The Sherman Antitrust Act and Federal Trade Commission Act also contain provisions related to antitrust law, but the Celler-Kefauver Act is most applicable in this scenario.

If a Firm Engages in a Vertical Merger That Substantially