One role of government is to promote monopoly power.

Question

Quizplus · Accepted Answer

The role of government is to promote competition and prevent the creation and abuse of monopoly power. This is often achieved through anti-trust laws and regulations that promote fair competition and prevent the concentration of market power in the hands of a single entity. Promoting monopoly power goes against the principles of a free market economy and can lead to inefficiencies and harm to consumers.

One Role of Government Is to Promote Monopoly Power