The primary intent of antitrust legislation is to a. ensure that product safety standards are met. b. eliminate positive economic profits. c. eliminate price discrimination. d. control monopoly power and preserve and promote competition. e. all of the above

Question

Moses

Business

15 November, 15:47

The primary intent of antitrust legislation is to a. ensure that product safety standards are met. b. eliminate positive economic profits. c. eliminate price discrimination. d. control monopoly power and preserve and promote competition. e. all of the above

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Answers (2)

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Rolando Warner · Answer 1

Control monopoly power preserve and promote competition.

Explanation:

Antitrust laws are rules that are put in place to ensure equal economic rights in business. This law enforces different types of businesses to follow an orderly and structured form of competition in the market.

Antitrust laws promotes the production of different standard goods at the lowest possible price. This law is put in place to enable consumers choose from different alternatives present in the market.

Antitrust law encourages businesses to cut down their cost and produce more quality products.

Malakai Owens · Answer 2

D. Control monopoly power and preserve and promote competition.

Explanation:

The main goal of the antitrust laws is to protect economic freedom and opportunity by consistently promoting free and fair competition in the marketplace.