He Celler-Kefauver Antimerger Act of 1950 Group of answer choices

made interlocking directorates illegal.

banned anticompetitive mergers that occurred as a result of one company acquiring the physical assets of another company.

attempted to decrease the failure rate of small businesses by protecting them from the competition of large and growing chain stores.

both a and b

all of the above

Question

Business

Potts

6 August, 01:35

He Celler-Kefauver Antimerger Act of 1950 Group of answer choices

made interlocking directorates illegal.

banned anticompetitive mergers that occurred as a result of one company acquiring the physical assets of another company.

attempted to decrease the failure rate of small businesses by protecting them from the competition of large and growing chain stores.

both a and b

all of the above

+5

Answers (1)

Know the Answer?

Kenny · Answer 1

banned anticompetitive mergers that occurred as a result of one company acquiring the physical assets of another company.

Explanation:

In 1950, after it was observed that in the United States some companies were trying to limit the activities of competitors in their industry by carrying out mergers which affected the ability of smaller competitors the Celler-Kefauver Act was then passed.

This act was passed to law which banned anticompetitive mergers when one company is acquiring the physical assets of another company in the entire country.