The aim of antitrust policy is to:
A)provide adequate incentives for inventors and entrepreneurs.
B)prevent firms from acquiring or exercising undue market power.
C)protect established firms by deterring new entry into industries.
D)regulate the prices charged by perfectly competitive firms.
E)help infant industries by limiting competition against them.

Question

Quizplus · Accepted Answer

Antitrust policy aims to prevent firms from acquiring or exercising undue market power, which can harm competition and potentially lead to monopolies. This is done through various measures such as prohibiting anti-competitive mergers and acquisitions, preventing price-fixing and collusion, and breaking up monopolies or oligopolies. The overall objective is to promote competition and consumer welfare in the marketplace.

The Aim of Antitrust Policy Is To