Question

Which of the following BEST explains why the United States government regulates marketers' anticompetitive behavior?

To ensure consumer safety

To ensure public safety

To promote the welfare of the country's economic system

To control the country's economic system

Answer 1

The government regulates anti competitive behavior to promote the welfare of the country's economic system. Before the anti-competitive laws were passed, large monopolies controlled markets and drove up prices and eventually hurt the economy.