Which of the following is not one of the ways that antitrust laws promote competition?
A)Antitrust laws allow the government to prevent mergers.
B)Antitrust laws allow the government to break up companies into smaller ones.
C)Antitrust laws prevent companies from coordinating their activities in ways that make markets less competitive.
D)Antitrust laws allow the government to shut down any firm the government believes has monopoly power.

Question

Quizplus · Accepted Answer

Antitrust laws do not explicitly allow the government to shut down any firm the government believes has monopoly power. Instead, they aim to prevent the formation of monopolies and promote competition through measures such as preventing mergers, breaking up companies, and preventing anti-competitive coordination between firms. The government may take legal action against a firm with monopoly power, but the goal is typically to restore competition rather than to shut down the firm entirely.

Which of the Following Is Not One of the Ways