Antimerger Act Definition | Business Dictionaries from AllBusiness.com
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Business Definition for: Antimerger Act
Antimerger Act

1950 consumer protection amendment to Section 7 of the Clayton Act that applied federal legislative barriers to corporate mergers that may impair or impede market competition, including mergers involving the acquisition of assets as well as stock; also called Celler-Kefauver Act. Section 7 of the Clayton Act had been previously limited to mergers involving only the acquisition of stock and therefore left a loophole that was closed by the Antimerger Act.

See also antitrust acts , sherman antitrust act
Copyright c 2000, 1994, 1987 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

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