What is the purpose of federal antitrust laws? A. to raise revenue for government programs B. to preserve competition among business firms C. to protect domestic firms from foreign competition D. to provide services to the general public

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Mira Santana

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14 May, 09:27

What is the purpose of federal antitrust laws? A. to raise revenue for government programs B. to preserve competition among business firms C. to protect domestic firms from foreign competition D. to provide services to the general public

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Marshmallow · Answer 1

The correct answer is B. To preserve competition among business firms

Explanation:

The Federal Antitrust laws are a set of laws that regulate business actions in the national level in the United States, these laws include forbidding business from fixing prices, being involved in collusion or any other action that leads to abuse of power or monopolies. Due to this, the main purpose of these laws is to guarantee business have opportunities to compete that implies there are no monopolies and the customer has a wide range of options in terms of products and the business companies that produce them. Thus, the purpose of these laws is "to preserve competition among business firms".