What type of regulation is intended to limit monopolies and unfair methods of competition?
A) externalities laws
B) antitrust laws
C) adjudication laws
D) standing laws

Question

Quizplus · Accepted Answer

Antitrust laws are intended to limit monopolies and unfair methods of competition. These laws aim to promote competition and protect consumers by prohibiting certain business practices, such as price-fixing and monopolistic mergers. Externalities laws address the negative effects of certain economic activities on third parties, adjudication laws involve the process of settling legal disputes, and standing laws determine who has the right to bring a lawsuit in court.

What Type of Regulation Is Intended to Limit Monopolies and Unfair