Which of the following beliefs is not strongly espoused by the "active antitrust perspective" in policy enforcement?
A)Firms occasionally use illegal tactics to gain over competitors.
B)Antitrust authorities must act like officials in a football game.
C)Competition and creative destruction could lead to monopolies.
D)When competition is insufficient, allocative inefficiencies will occur.

Question

Quizplus · Accepted Answer

The "active antitrust perspective" generally supports the idea that antitrust authorities should actively monitor and intervene in markets to prevent anti-competitive behavior and ensure fair competition. This perspective acknowledges that firms might use illegal tactics to outcompete others (A), sees antitrust authorities as referees ensuring fair play (B), and recognizes the risk of allocative inefficiencies in the absence of sufficient competition (D). However, it does not typically argue that competition and creative destruction could lead to monopolies (C); instead, it often views these forces as beneficial for preventing monopolies and encouraging innovation.

Which of the Following Beliefs Is Not Strongly Espoused by the "Active