C
The purchase of the assets of one steelmaker by another steelmaker might be a violation of the Celler-Kefauver Act.
The Celler-Kefauver Act, also known as the Antimerger Act, was passed in 1950 and amended the Clayton Act of 1914. The act prohibits mergers or acquisitions that may substantially lessen competition or tend to create a monopoly. It also expands the definition of "person" to include corporations, partnerships, and other entities.
Under the Celler-Kefauver Act, the acquisition of assets can be considered a merger if it results in a substantial lessening of competition. This means that if one steelmaker acquires the assets of another steelmaker and it leads to a significant reduction in competition in the market, it can be considered a violation of the act.