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The Clayton Act: Group of answer choices a. was declared illegal. b. closed loopholes in the Sherman Antitrust Act. c. prevents anticompetitive practices. d. prohibits all mergers and acquisitions.

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Answer:

d. prohibits all mergers and acquisitions.

Step-by-step explanation:

The Clayton Act is an antitrust law of the United States of America. It was enacted by the U.S Congress in the year, 1914. Henry De Lamar Clayton was the lawmaker who introduced this legislation which is aimed at regulating the behavior or activities of massive business entities, it was then signed into law by President Woodrow Wilson on the 15th of October, 1914.

The Clayton Act prohibits all mergers and acquisitions of a business entity if the reason is to monopolize and by extension lessen competition in the market according to its section 7. The Act was passed primarily to stop incipient anti competitive behavior that are not covered by the Sherman Act.

Other sections of the Clayton Act prohibited predatory pricing, price cutting and discrimination, monopoly etc.

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User AlexHv
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