Multiple Choice
The Celler-Kefauver Act of 1950:
A) amended the Sherman Act to outlaw price fixing where the effect is to lessen competition.
B) created the Interstate Commerce Commission.
C) prohibited conglomerate mergers where the effect is to lessen competition.
D) prohibited a firm from acquiring the assets of another firm where the effect is to lessen competition.
Correct Answer:
Verified
Correct Answer:
Verified
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