Which of the following has tended to reduce the importance of antitrust law, according to some economists?
A) industrial policy
B) conglomerate mergers
C) the rule of reason decision
D) rapidly changing technology

Question

Quizplus · Accepted Answer

Rapidly changing technology has tended to reduce the importance of antitrust law according to some economists. As technology advances, new competitors emerge, and existing firms may quickly become obsolete, reducing the likelihood of long-term market power and anti-competitive behavior.

Which of the Following Has Tended to Reduce the Importance