Policies that preclude the deliberate creation of monopoly and undesirable practices are called
A)antitrust policies.
B)antimonopoly policies.
C)anticompetitive policies.
D)socialism.

Question

Quizplus · Accepted Answer

Antitrust policies aim to promote competition, prevent the creation of monopolies or oligopolies, and discourage anticompetitive behavior such as price fixing, market allocation, and unfair business practices. These policies are based on the belief that competition is essential for economic efficiency and innovation, and that monopolies or cartels can distort markets, harm consumers, and reduce welfare. Antitrust policies are often enforced by regulatory agencies or courts, and may involve fines, divestitures, or injunctions.

Policies That Preclude the Deliberate Creation of Monopoly and Undesirable