Which of the following is a problem with or a limit on antitrust policy?
A)Competition may not require that many firms
B)Abuse of antitrust
C)Growth of international markets
D)Growing doubt about the economic value of lengthy antitrust court cases
E)All of the answers are correct

Question

Quizplus · Accepted Answer

All of the answers are correct.

A) Competition may not require that many firms: In some markets, having a large number of firms competing against each other may not be necessary for competition to be effective.

B) Abuse of antitrust: Antitrust policy can be abused by firms to suppress competition, leading to a reduction in consumer welfare.

C) Growth of international markets: Antitrust policy is typically focused on domestic markets, but the growth of international markets and the increasing number of multinational firms can make it difficult for antitrust policy to be effective.

D) Growing doubt about the economic value of lengthy antitrust court cases: Antitrust cases can be lengthy and costly, and there is growing doubt over whether the economic benefits of pursuing these cases outweigh the costs.

Which of the Following Is a Problem with or a Limit