Question

Select all that apply.

Select the items that describe antitrust laws.

created to prevent monopolies
intended to promote competition
can have unintended consequences
create one-company industries
encourage price setting to maximize profits

Answer 1

The following characteristics are closest to what antitrust law stands for:
- created to prevent monopolies
- intended to promote competition
Antitrust Laws or otherwise known as Competition Laws were promulgated to product the general consumers from exploitative practices of some corporations and thus promote fair trade.