Laws enacted to preserve competition and prevent the concentration of economic power in one or a firms are commonly called:

Question

Quizplus · Accepted Answer

Antitrust laws are specifically enacted to prevent the concentration of economic power in one or a few firms and preserve competition. Business practice laws, criminal laws, contract laws, and tort laws may have some relevance to preserving competition, but they are not specifically focused on this goal.

Laws Enacted to Preserve Competition and Prevent the Concentration of Economic