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Question
think about what you know about competitions, monopolies, and trusts. was business reform necessary? check all that apply. a company should have the right to form a monopoly. the government has the right to put limits on what businesses can and cannot do, even if those limits lower businesses profits. competition between companies is good for people who buy goods.
Monopolies can lead to reduced competition, higher prices, and less innovation. Government - imposed limits can protect consumers and promote fair competition. Competition benefits consumers through lower prices and better products. A company forming a monopoly usually has negative impacts on the market.
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B. The government has the right to put limits on what businesses can and cannot do, even if those limits lower businesses' profits.
C. Competition between companies is good for people who buy goods.