Mergers and acquisitions are regulated under the Clayton Act, which states: "No person shall acquire, directly or indirectly, the whole or any part of the stock or any other share capital... of the assets of one or more persons engaged in commerce or in any activity affecting commerce, where... the effect of such acquisition, of such stocks or assets, or of the use of suck stock by the voting or granting of proxies or otherwise, may be substantially to lessen competition, or to tend… [read post]