question archive Antitrust laws seek to: A

Antitrust laws seek to: A

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Antitrust laws seek to:

A. reduce market power and increase competition

B. prevent the excessive regulation of business

C. make market information reliable for both consumers and sellers

D. privatize external cost

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Antitrust laws across countries are enacted in order to promote healthy competition among firms and to benefit consumers with wide choices of products. The law prevents similar firms from the merger and the surviving firm will take control of the industry. Therefore, the correct answer is A.