Which of the following would correctly state an argument for antitrust laws given by traditional antitrust theorists?
A) Concentrated economic power does not necessarily lead to political consequences and companies should not be punished for their success.
B) Great economic power leads to greater efficiency that translates to lower costs to consumers.
C) The purpose of antitrust law is to encourage economic efficiency.
D) To foster competition,a few powerful sellers should dominate the economy.
E) An accumulation of economic power can lead to an accumulation of political power,which leads to political consequences for consumers.
Correct Answer:
Verified
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