The purpose of antitrust legislation is
A) to reduce unemployment.
B) to reduce the power of monopoly.
C) to increase the power of monopoly.
D) to maximize employment for a given price level.

Question

Quizplus · Accepted Answer

Antitrust legislation is designed to promote competition and prevent monopolies or oligopolies from dominating markets, which can lead to higher prices, reduced innovation, and fewer choices for consumers. Its purpose is not to directly address unemployment or maximize employment levels for a given price level.

The Purpose of Antitrust Legislation Is