The Celler Kefauver Act required bidders and targets to file with the Justice Department and Federal Trade Commission in advance of completing a merger or acquisition.

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The Celler-Kefauver Act of 1950 was an amendment to the Clayton Act aimed at closing loopholes related to asset acquisitions, but it did not require pre-merger notifications. The Hart-Scott-Rodino Antitrust Improvements Act of 1976 established the requirement for pre-merger notifications.

The Celler Kefauver Act Required Bidders and Targets to File