Clayton Act

Federal antitrust law originally passed in 1914 and strengthened in 1950 by the Celler-Kefauver amendment. Section 7 gives the Federal trade commission (ftc) power to prohibit the acquisition of one company by another if adverse effects on competition would result, or if the ftc perceives a trend that ultimately might lead to decreased competition.

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Did you know?

ROIC

Return on invested capital. This ratio is commonly used to assess the quality of company returns.

There are two ways of calculating ROIC

1. The percentage of net operating profit after taxes (NOPAT) to total operating assets.

2. (Net income - Dividends) / Total capital

The latter is more commonly used, while the former is used when companies receive the ...


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