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

Question

Quizplus · Accepted Answer

Federal antitrust laws in the United States are designed to ensure competition in the marketplace by preventing the formation of monopolies or any other behavior that can stifle competition. The laws promote and protect the competitive process to provide consumers with the benefits of fair prices, quality products, and innovation. Increasing corporate earnings or creating new monopolies would be contrary to the goals of these laws. The government-owned monopolies option is also incorrect because antitrust law aims to prevent any form of monopolies, whether private or public.

Federal Antitrust Laws in the United States Are Intended to