Asked by Kathryn Houle on May 21, 2024
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The Celler-Kefauver Act outlawed interlocking directorates.
Celler-Kefauver Act
A U.S. law aimed at limiting anticompetitive mergers and acquisitions by restricting asset purchases and inter-corporate stock purchases.
Interlocking Directorates
A situation where the same individuals serve on the boards of directors of multiple companies, creating interconnectedness and potential conflicts of interest.
- Determine and understand the regulatory frameworks that manage mergers, market dominance, and competition practices.
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Learning Objectives
- Determine and understand the regulatory frameworks that manage mergers, market dominance, and competition practices.
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