Antitrust policy is designed to
A)improve health and safety in products and in working conditions
B)regulate the firms in industries where "cut-throat" competition is potentially damaging
C)create monopolies by forcing competitive firms to merge
D)control price and output in industries where monopoly is desirable
E)promote competition and reduce anticompetitive behavior

Question

Quizplus · Accepted Answer

Antitrust policy is designed to promote competition and reduce anticompetitive behavior. It aims to prevent the formation of monopolies or oligopolies, which undermines competition and can lead to higher prices and lower quality. Antitrust policy also addresses anticompetitive practices such as price-fixing, tying arrangements, and exclusive dealing, which can harm consumers and smaller competitors. The ultimate goal of antitrust policy is to ensure that markets remain competitive and efficient, benefiting both consumers and the economy as a whole.

Antitrust Policy Is Designed to