The formulation and enforcement of antitrust policy have been substantially affected by the disciplines of and .

Question

Quizplus · Accepted Answer

The formulation and enforcement of antitrust policy, which involves regulating competition in the market, has been greatly influenced by both legal principles and economic analysis. Legal principles help define the boundaries of antitrust law and provide a basis for enforcement, while economic analysis helps to understand how firms compete, how markets work, and the benefits and costs of different antitrust policies. Therefore, the disciplines of law and economics are essential in shaping and enforcing antitrust policy.

The Formulation and Enforcement of Antitrust Policy Have Been Substantially