Laws and government actions designed to prevent monopoly and to promote competition are the focus of
A) social regulation.
B) industrial regulation.
C) antitrust policy.
D) incomes policy.

Question

Quizplus · Accepted Answer

Antitrust policy focuses on preventing monopolies and promoting competition through laws and government actions, such as the Sherman Antitrust Act and the Clayton Antitrust Act. Social regulation and industrial regulation focus on regulating specific industries or aspects of society, while incomes policy focuses on managing wages and prices.

Laws and Government Actions Designed to Prevent Monopoly and to Promote