Some business practices that appear to reduce competition may have legitimate business purposes.

Question

Quizplus · Accepted Answer

Some business practices, such as exclusive contracts or mergers, may have legitimate business reasons, such as cost savings or increased efficiency, even if they do limit competition in the market. However, such practices must still comply with antitrust laws and regulations to ensure that they do not harm consumers or stifle innovation.

Some Business Practices That Appear to Reduce Competition May Have