The primary criterion governing U.S. antitrust policy until 1945 was:
A) laissez-faire.
B) concentration ratios.
C) judgment by performance.
D) judgment by structure.

Question

Quizplus · Accepted Answer

Until 1945, U.S. antitrust policy primarily focused on "judgment by performance," which assessed whether a company's actions were anti-competitive or harmful to consumers, rather than simply its market structure or concentration.

The Primary Criterion Governing U