The Celler-Kefauver Act Definition.
The Celler-Kefauver Act is a United States federal law that was enacted in 1950 in an attempt to regulate monopolies and prevent anticompetitive practices in the marketplace. The act was sponsored by senators Estes Kefauver and Ernest Hollings, and was signed into law by President Harry S. Truman. The Celler-Kefauver Act was an amendment to … Read more