Anti-combine law
A)can work in the public interest to maximize total surplus or in the self-interest of producers to maximize producer surpluses.
B)always works in the self-interest of producers to maximize producer surpluses.
C)always works in the public interest to maximize total surplus.
D)encourages oligopolies to exhibit more monopolistic behaviours.
E)is always prosecuted in Canada's criminal courts.

Question

Quizplus · Accepted Answer

Anti-combine laws, such as antitrust laws in the United States or competition laws in other countries, are designed to prevent anti-competitive practices and promote fair competition. While these laws can work in the public interest by maximizing total surplus (ensuring products and services are provided at competitive prices and qualities), they can also be used or interpreted in ways that might benefit producers, for instance, by clarifying the legal boundaries within which they can operate to maximize their surpluses without crossing into illegal anti-competitive behavior.

Anti-Combine Law