Amends the Clayton Act to establish a presumption that an acquisition or use of stock substantially lessens competition or tends to create a monopoly, if such acquisition or use is likely to substantially foreclose the availability of supply sources or distribution outlets for any person in any line of commerce of the acquiring person or of the person whose stock, share capital, or assets are to be acquired. Permits rebuttal of such presumption by evidence that such acquisition or use would create substantial efficiencies that are likely to benefit consumers.
Introduced in House
Introduced in House
Referred to House Committee on The Judiciary.
Referred to Subcommittee on Monopolies and Commercial Law.
Subcommittee Hearings Held.
Executive Comment Requested from Justice.
Subcommittee Hearings Held.
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