The Celler-Kefauver Act of 1950

question 39

Multiple Choice

The Celler-Kefauver Act of 1950

• A) declared every contract or conspiracy to restrain trade illegal.
• B) outlawed specific monopolistic behaviors such as tying contracts, price discrimination, and unlimited mergers.
• C) extended the language of the Federal Trade Commission Act to include "deceptive" as well as "unfair" competition methods.
• D) extended the government's authority to ban vertical and conglomerate mergers.

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Definitions:

Senior Executives

High-level managers or directors within an organization, responsible for making strategic decisions and overseeing operations.

Talent

The natural aptitude or skill possessed by an individual, especially as it pertains to their capability to perform a certain task or job.

Goal Setting

The method of defining precise, quantifiable, attainable, pertinent, and time-limited goals to be achieved.

Pathways

Refers to the routes or courses leading to a particular outcome or goal.