The Cellar-Kefauver Antimerger Act of 1950 Was Designed to

question 87

Multiple Choice

The Cellar-Kefauver Antimerger Act of 1950 was designed to

• A)prevent one company from acquiring another company's stock if the acquisition reduces competition.
• B)prevent one company from acquiring another company's physical assets if the acquisition reduces competition.
• C)require that pending mergers be reported in advance to the Federal Trade Commission and the Justice Department.
• D)prevent price discrimination, exclusive dealing, and tying contracts.
• E)prevent interlocking directorates.

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Definitions:

Bonds

Financial instruments representing loans made by an investor to a borrower, typically corporate or governmental, which must be paid back with interest.

Positive Integers

Whole numbers greater than zero, found to the right of zero on the number line.

Difference

The result of subtracting one number from another to show the gap or distance between them.

Substitution

A method used in algebra and calculus involving replacing a variable with its corresponding value or another expression to simplify or solve an equation.