Some Arab countries established governmental agencies that aim at protecting the markets from illegal price discrimination practices because
A) Arab governments aim at protecting the markets from monopolistic practices.
B) Price discrimination may reduce competition in an industry.
C) Arab governments aim at promoting a competitive economic environment, based on the principles of free and fair competition.
D) All the above.

Question

Quizplus · Accepted Answer

All the choices provided are reasons why some Arab countries have established governmental agencies to protect markets from illegal price discrimination practices. These agencies aim to prevent monopolistic practices, ensure competition is not reduced, and promote a competitive economic environment based on free and fair competition principles.

Some Arab Countries Established Governmental Agencies That Aim at Protecting