The DoJ's interest is important. As with so many antitrust failures, the problem isn't in the law, but in its enforcement. Section 7 of the #ClaytonAct prohibits serial acquisitions under its "#IncipientMonopolization" standard. Acquisitions are banned "where the effect of such acquisition may be to substantially lessen competition between the corporation whose stock is so acquired and the corporation making the acquisition."
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#claytonact #incipientmonopolization