in 2010, a regulatory agency, the federal trade commission (ftc), barred the merger of two of the largest…

in 2010, a regulatory agency, the federal trade commission (ftc), barred the merger of two of the largest information technology providers in the industry. background information: this is a sample excerpt from a business news article. think about what the excerpt has to say about the role of regulation. what function of regulatory agencies does the ftcs actions reveal? keeping the economy rapidly growing protecting consumers from fraud promoting competition ensuring product safety

in 2010, a regulatory agency, the federal trade commission (ftc), barred the merger of two of the largest information technology providers in the industry. background information: this is a sample excerpt from a business news article. think about what the excerpt has to say about the role of regulation. what function of regulatory agencies does the ftcs actions reveal? keeping the economy rapidly growing protecting consumers from fraud promoting competition ensuring product safety

Answer

Brief Explanations:

The FTC barred a merger of large - scale companies. Mergers can reduce competition. By blocking the merger, the FTC is promoting competition in the industry.

Answer:

promoting competition