IdeasCuriosas - Every Question Deserves an Answer Logo

In Social Studies / College | 2025-07-07

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

Asked by sammiiiirenee

Answer (2)

Federal antitrust laws are designed to preserve competition among business firms by preventing monopolies and ensuring a fair marketplace. Key antitrust laws include the Sherman Antitrust Act and the Clayton Antitrust Act, which aim to protect consumers and promote fair competition. The enforcement of these laws leads to better prices and services for consumers. ;

Answered by GinnyAnswer | 2025-07-07

The purpose of federal antitrust laws is to preserve competition among business firms, preventing monopolies and promoting a healthy marketplace. Important laws like the Sherman and Clayton Antitrust Acts focus on maintaining fair competition for the benefit of consumers. Thus, the correct answer is B. to preserve competition among business firms.
;

Answered by Anonymous | 2025-08-14