Which of the following measures are government regulations to increase competition?

Question

Quizplus · Accepted Answer

All of the measures listed (ending a ban on steel imports, shortening the term of a patent for a drug, and subsidizing firms to enter the energy market) are examples of government regulations aimed at increasing competition. Ending import bans allows foreign competitors into the market, shortening patent terms reduces monopoly periods for drug manufacturers, and subsidies for new entrants lower barriers to entry in markets like energy, thereby increasing competition.

Which of the Following Measures Are Government Regulations to Increase