In the United States,monopoly regulation began primarily because:
A)there were no natural monopolies in the real world.
B)monopolies were especially guilty of unsafe industrial practices.
C)monopolies did not typically follow occupational and safety rules.
D)monopolies tended to restrict output and raise prices.
E)most economists believed that the majority of industries were following the purely competitive model.

Question

Quizplus · Accepted Answer

Monopoly regulation began primarily because monopolies tended to restrict output and raise prices. This behavior was seen as harmful to consumers and the economy as a whole, leading to the need for government intervention to regulate these monopolies.

In the United States,monopoly Regulation Began Primarily Because