To protect the competitive economic system by restricting the formation of monopolies, the government has passed and enforced
A)regulatory laws.
B)antitrust laws.
C)tort laws.
D)zoning laws.

Question

Quizplus · Accepted Answer

Antitrust laws are specifically designed to prevent monopolies and promote fair competition in the marketplace. These laws are enforced by the government to protect consumers from potentially harmful business practices that could arise if one company were to dominate the market. Regulatory laws (A) generally refer to laws that regulate specific industries or sectors, while tort laws (C) deal with civil wrongs or injuries caused by individuals or businesses. Zoning laws (D) regulate the use of land and the types of buildings that can be constructed in a given area, and are not directly related to preventing monopolies.

To Protect the Competitive Economic System by Restricting the Formation