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Question
select all that apply.
select the items that describe antitrust laws.
- intended to promote competition
- encourage price setting to maximize profits
- created to prevent monopolies
- can have unintended consequences
- create one - company industries
Brief Explanations
Antitrust laws are designed to foster fair market competition. They target monopolies and anti-competitive practices, but like any regulation, they can lead to unforeseen outcomes. Options that align with this are: promoting competition, preventing monopolies, and having potential unintended consequences. The other options describe anti-competitive or monopoly-friendly actions, which contradict antitrust goals.
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- intended to promote competition
- created to prevent monopolies
- can have unintended consequences