The goal of competition policies and antitrust policies is to:
A)Prevent domestic firms from gaining market share against foreign firms.
B)Prevent foreign firms from gaining market share against domestic firms.
C) Allow most favorable status to domestic firms.
D) Balance efficiency and fairness.

Question

The goal of competition policies and antitrust policies is to:
A)​Prevent domestic firms from gaining market share against foreign firms.
B)​Prevent foreign firms from gaining market share against domestic firms.
C) ​Allow most favorable status to domestic firms.
D) ​Balance efficiency and fairness.

Quizplus · Accepted Answer

The goal of competition policies and antitrust policies is to balance efficiency and fairness by promoting healthy competition in the market while preventing companies from using their market power to eliminate competition, manipulate prices, or engage in other anticompetitive behaviors. These policies benefit both domestic and foreign firms by creating a level playing field and ensuring that consumers have access to a variety of high-quality goods and services at reasonable prices.

The Goal of Competition Policies and Antitrust Policies Is To