Multiple Choice
Which of the following is necessarily a problem with antitrust laws?
A) They may target a business whose practices appear to be anti-competitive but in fact have legitimate purposes.
B) They may encourage firms to collude and reduce social welfare compared to the unregulated market.
C) They reduce the effectiveness of the market to self-regulate.
D) They are enforced by agencies whose self-interest contradicts the interests of society as a whole.
Correct Answer:
Verified
Correct Answer:
Verified
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