The primary objective of U.S. antitrust laws is to
A)protect consumers from high prices and foreign products.
B)protect domestic businesses.
C)protect employees.
D)promote strategies that enhance business welfare over consumer welfare.
E)distinguish competitive strategies that enhance consumer welfare from those that reduce it.

Question

Quizplus · Accepted Answer

The primary objective of U.S. antitrust laws is to distinguish between competitive strategies that enhance consumer welfare and those that reduce it. The purpose of these laws is to promote and protect competition, which in turn benefits consumers by keeping prices low, encouraging innovation, and improving the quality of goods and services. The objective is not to protect domestic businesses or employees or to promote strategies that enhance business welfare over consumer welfare.

The Primary Objective of U