The basic purpose of antitrust laws is to
A) provide subsidies for American business.
B) limit monopoly power in industry.
C) control prices to protect consumers.
D) enforcelaws that restrict competition.

Question

Quizplus · Accepted Answer

The basic purpose of antitrust laws is to limit monopoly power in industry. These laws are in place to prevent companies from controlling the market and charging excessively high prices or engaging in other anti-competitive behavior that harms consumers. Antitrust laws also promote healthy competition and innovation in industries.

The Basic Purpose of Antitrust Laws Is to