The purpose of antitrust policy in the United States is to
A)Encourage competition among producers.
B)Check the validity of advertising claims.
C)Determine drug safety and performance.
D)Encourage business mergers and acquisitions.

Question

Quizplus · Accepted Answer

The purpose of antitrust policy is to promote competition in the market by preventing firms from engaging in anti-competitive practices such as monopolistic behavior, price fixing, and bid rigging. By encouraging competition, consumers are more likely to receive better quality goods and services at lower prices. Checking the validity of advertising claims and determining drug safety and performance are tasks typically performed by regulatory agencies, not antitrust policy. Encouraging business mergers and acquisitions may be desirable in certain circumstances, but antitrust policy seeks to prevent mergers that may harm competition.

The Purpose of Antitrust Policy in the United States Is