The main purpose of the antitrust laws is
A)to encourage firms to produce where P MC.
B)to eliminate both negative and positive externalities.
C)to prevent the monopolization of industries.
D)to regulate natural monopolies.

Question

The main purpose of the antitrust laws is
A)to encourage firms to produce where P > MC.
B)to eliminate both negative and positive externalities.
C)to prevent the monopolization of industries.
D)to regulate natural monopolies.

Quizplus · Accepted Answer

The main purpose of antitrust laws is to prevent the monopolization of industries, ensuring competition remains fair and markets are open, which benefits consumers through lower prices and more choices.

The Main Purpose of the Antitrust Laws Is