What 15 U.S. Code § 18 - Acquisition by one corporation of stock of another requires
Organizations are prohibited from acquiring the stock or assets of another entity where the effect of such an acquisition may be to substantially lessen competition or tend to create a monopoly.
Pillar: Competition & Antitrust · Authority: US Congress · Version: 1.0.0 · Last updated:
Primary source: https://www.law.cornell.edu/uscode/text/15/18
SHA-256 integrity: fc8d82bd02debd9d2ecd0d4bd6a355f0b84cb85ad83c1b1cd0129d2cf7c88b58
Primary Citations — 7 traced to source
- § 18, paragraph 1: No person engaged in commerce or in any activity affecting commerce shall acquire, directly or indirectly, the whole or any part of the stock or other share capital... where... the effect of such acquisition may be substantially to lessen competition, or to tend to create a monopoly.
- § 18, paragraph 1: ...no person subject to the jurisdiction of the Federal Trade Commission shall acquire the whole or any part of the assets of another person... where... the effect of such acquisition may be substantially to lessen competition, or to tend to create a monopoly.
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