Attempts by the federal government to prevent the exercise of monopoly power in the United States are known as _____ policy.
A)stabilization
B)antitrust
C)fiscal
D)government

Question

Quizplus · Accepted Answer

Antitrust policy is the government's attempt to prevent the abuse of monopoly power in the United States. It includes measures like breaking up monopolies, regulating the mergers and acquisitions of large corporations, and enforcing laws that prohibit anti-competitive behavior. The goal of antitrust policy is to promote competition and protect consumers from higher prices and lower quality goods and services. Stabilization policy refers to macroeconomic policies aimed at stabilizing the economy, fiscal policy is the use of government spending and taxation to influence the economy, and government policy is a general term that refers to any policy made by the government.

Attempts by the Federal Government to Prevent the Exercise of Monopoly