An advocate of the Chicago School's position on antitrust legislation would ask which of the following questions?
A)"Has a competitor been harmed?"
B)"Has competition been harmed?"
C)"Will competitors be allowed to freely enter the market?"
D)"Will interstate commerce be affected?"

Question

Quizplus · Accepted Answer

The Chicago School argues that antitrust legislation should focus solely on promoting consumer welfare through preserving and promoting competition. Therefore, the question they would ask is whether competition has been harmed rather than whether a competitor has been harmed.

An Advocate of the Chicago School's Position on Antitrust Legislation