“The Celler-Kefauver Amendment to Section 7 of the Clayton Act has now been made effective by judicial ratification. The Supreme Court has said that the Act means exactly what it says… It prohibits acquisitions, either stock or assets, where competition in any line of commerce in any section of the country may be substantially lessened.”

Source: The transformation of corporate control, 1993, p. 177

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Neil Fligstein40

American sociologist 1951

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