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The idea that it directly lead to the dominance of capeshit is bullshit because Dell comics were still dominating into the early 60s, and Mervel wouldn't take over the market until a series of distribution issues plagued Dell.
Dell was largely known for IP comics based off cartoons, westerns, and other genres that weren't superheroes.
What the CCA did was corner EC comics out of the market and largely affected Crime and Horror, but Horror would come back, arguably more graphically, in magazine formats in 20 years by the 70s.