Asked by
Fischer Tanks
on Nov 26, 2024
Verified
The Celler-Kefauver Act of 1950
A) outlawed price-fixing.
B) amended the Sherman Act.
C) amended the Clayton Act.
D) created the Civil Aeronautics Board (CAB) .
Celler-Kefauver Act
A U.S. law enacted in 1950, aimed at preventing anti-competitive mergers and acquisitions that could create monopolies or reduce competition.
Clayton Act
A U.S. antitrust law enacted in 1914, aimed at preventing anticompetitive practices, such as price discrimination and monopolies, not covered by the Sherman Act.
Sherman Act
A foundational statute in U.S. antitrust law prohibiting monopolistic behaviors and promoting competitive markets.
- Evaluate the historical and legal bases of antitrust legislation and its modifications, including the Sherman Act, Clayton Act, and Celler-Kefauver Act.
Verified Answer
WW
Learning Objectives
- Evaluate the historical and legal bases of antitrust legislation and its modifications, including the Sherman Act, Clayton Act, and Celler-Kefauver Act.