Which of the following statements is true?
A)The active antitrust perspective believes that competitive market forces will automatically and actively reduce a firm's monopoly power in the long run.
B)The active antitrust perspective believes that the government should play the role of officials and umpires and enforce the rules of the competitive game.
C)The laissez-faire perspective views firms as players in a competitive game who will sometimes violate the rules in order to gain a huge advantage over others.
D)The laissez-faire perspective believes that an active enforcement of antitrust policy is the only way to reduce the monopoly power of giant firms.

Question

Quizplus · Accepted Answer

The active antitrust perspective supports government intervention to enforce competition rules, acting as officials and umpires in the market.

Which of the Following Statements Is True