Antitrust laws attempt to promote competition by controlling
A)market structure only
B)market conduct only
C)market structure and performance
D)market structure and conduct
E)market structure, conduct, and performance

Question

Quizplus · Accepted Answer

Antitrust laws attempt to promote competition by controlling both market conduct and structure. Market conduct refers to the actions of firms in the market, such as price fixing, collusion, and monopolistic behavior. Market structure refers to the characteristics of the market itself, such as the number of firms, barriers to entry, and the degree of market concentration. The goal of antitrust laws is to prevent firms from engaging in anticompetitive conduct and to promote a market structure that encourages competition. Both are necessary to achieve this goal.

Antitrust Laws Attempt to Promote Competition by Controlling