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Celler-Kefauver Act  

Definition

  • PASSED BY THE U.S. CONGRESS in 1950, the Celler-Kefauver Act strengthened previous antitrust legislation by amending sections and adding provisions to the Clayton Antitrust Act of 1914. It made the Clayton Act's anti-merger provisions more applicable and it outlawed more types of illegal intercorporate holdings, mergers, and acquisitions.The original antitrust legislation, the Sherman Antitrust Act of 1890, was utilized heavily during Theodore Roosevelt and William Howard Taft administrations. [Source: Encyclopedia of White-Collar & Corporate Crime; Celler-Kefauver Act]

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https://concepts.sagepub.com/social-science/concept/Celler-Kefauver_Act

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