The Intent of Competition Laws Is to Raise Social Welfare

The intent of competition laws is to raise social welfare by limiting market power of some firms.To determine whether there has been a gain in social welfare, it is necessary to measure and compare the:

A) benefits from synergies with the social benefits of reduced competition
B) benefits from synergies with the social costs of reduced competition
C) costs from synergies with the social costs of reduced competition
D) costs from synergies with the social benefits of reduced competition