Asked by Ibrahim ALhomid on Jun 26, 2024

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Anticompetitive mergers are illegal under provisions of the Clayton Act (as amended).

Anticompetitive Mergers

Mergers between companies that significantly reduce competition in the market, potentially leading to higher prices and reduced consumer welfare.

Clayton Act

The federal antitrust law of 1914 that strengthened the Sherman Act by making it illegal for firms to engage in certain specified practices including tying contracts, interlocking directorates, and certain forms of price discrimination.

  • Discern and apprehend the legal principles controlling mergers, market dominance, and competitive actions.
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Verified Answer

JN
Jaxon NaramoreJun 27, 2024
Final Answer :
True
Explanation :
The Clayton Act, specifically amended by the Robinson-Patman Act, addresses anticompetitive practices and mergers that may substantially lessen competition or tend to create a monopoly, making such mergers illegal.