Antitrust laws in the United States have not been used in the past twenty-five years.

A. are not necessary in the twenty-first century.

B. are the same as the laws in the European Union.

C. are an attempt to foster competition.

Question

Social Studies

Jair Knapp

30 May, 17:42

Antitrust laws in the United States have not been used in the past twenty-five years.

A. are not necessary in the twenty-first century.

B. are the same as the laws in the European Union.

C. are an attempt to foster competition.

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Answers (1)

Know the Answer?

Aimee Stewart · Answer 1

The correct answer is letter A.

Explanation: Antitrust Law was designed to punish anti competitive practices that use market power to restrict production and raise prices so as not to attract new competitors or eliminate competition.

The law was created to prevent monopolies, but it was seen that this law does not prevent monopolies only limits competition

Antitrust laws in the United States have not been used in the past twenty-five years.A. are not necessary in the twenty-first century.B. are the same as the laws in the European Union.C. are an attempt to foster competition.

Antitrust laws in the United States have not been used in the past twenty-five years.

A. are not necessary in the twenty-first century.

B. are the same as the laws in the European Union.

C. are an attempt to foster competition.