The basic purpose of antitrust laws is to
A)provide subsidies for American business.
B)limit monopoly power in industry.
C)control prices to protect consumers.
D)enforcelaws that restrict competition.

Question

Quizplus · Accepted Answer

Antitrust laws are designed to prevent and reduce the practice of monopolies, thereby ensuring competition in the marketplace. This is to protect consumers from the disadvantages of monopolistic practices, such as higher prices and reduced innovation.

The Basic Purpose of Antitrust Laws Is to