Asked by
Bernard Chong
on Nov 16, 2024Verified
Antitrust laws have economic benefits that outweigh the costs if they
A) prevent mergers that would decrease competition and lower the costs of production.
B) prevent mergers that would decrease competition and raise the costs of production.
C) allow mergers that would decrease competition and raise the costs of production.
D) allow mergers that would decrease competition regardless of what happens to the costs of production.
Antitrust Laws
Legislation intended to promote competition and prevent monopolies by regulating anti-competitive practices among businesses.
Economic Benefits
The advantages or gains received by individuals or society from financial or non-financial activities.
- Understand the function of government and antitrust legislation in the regulation of monopolies and the fostering of competitive markets.
- Learn about the economic benefits and costs associated with antitrust laws.
Verified Answer
JE
Learning Objectives
- Understand the function of government and antitrust legislation in the regulation of monopolies and the fostering of competitive markets.
- Learn about the economic benefits and costs associated with antitrust laws.
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