What is the aim of anti-combine laws?
A) Prevent firms from acquiring or exercising undue market power.
B) Regulate the prices charged by perfectly competitive firms.
C) Protect established firms by deterring new entry into industries.
D) Provide adequate incentives for inventors and entrepreneurs.

Question

Quizplus · Accepted Answer

The aim of anti-combine laws is to prevent firms from acquiring or exercising undue market power, which could harm competition, consumers, and the overall economy. These laws typically target mergers, acquisitions, and other forms of collaborations that could result in monopolistic or oligopolistic control of markets. By promoting competition and preventing concentration of economic power, anti-combine laws aim to ensure that firms compete fairly, offer better products and services, and innovate to meet consumer demands.

What Is the Aim of Anti-Combine Laws