Federal antitrust laws in the United States are intended to
A) promote competition by prohibiting monopolies.
B) promote income equality.
C) create new monopolies.
D) create only government-owned organizations.

Question

Quizplus · Accepted Answer

Federal antitrust laws are designed to prevent monopolies and promote healthy competition in the marketplace. The laws aim to protect consumers by ensuring that companies do not engage in anti-competitive behavior, such as price fixing or market sharing, which could lead to monopolies and higher prices for consumers. By promoting competition, the laws also encourage innovation and economic growth.

Federal Antitrust Laws in the United States Are Intended to