Government agencies may fail to identify anticompetitive behavior if
A)competitors have been forced out of business due to inefficient production and the inability to keep prices low.
B)dominant firms raise prices to keep rivals competitive.
C)cartel members decide to disinherit a member firm.
D)Wall Street supports lower prices.

Question

Quizplus · Accepted Answer

If competitors have been forced out of business due to inefficient production and the inability to keep prices low, it may not be immediately obvious to government agencies that anticompetitive behavior is occurring. This is because there may not be any other firms left to compete against the dominant player, making it difficult to identify that there is a lack of competition.

Government Agencies May Fail to Identify Anticompetitive Behavior If