Antitrust laws prohibit unfair, anticompetitive practices by business.

Question

BlackTom AI · Accepted Answer

Antitrust laws are designed to preserve competition and protect consumers from harm caused by anti-competitive behavior. 
Option 1 (True): This statement correctly reflects the core purpose of antitrust legislation, which is to prohibit unfair or anti-competitive practices such as price fixing, market division, bid rigging, and illegal mergers. By targeting these behaviors, the law seeks to maintain competitive markets and prevent abuses of market power. 
Option 2 (False): Claiming that antitrust laws do not prohibit unfair practices would be incorrect, because the statutes explicitly focus on preserving competition and banning conduct that restrains trade or eliminates competition. Ignoring these prohibitions would contradict well-established legal frameworks like prohibitions on collusion, monopolistic actions, and other forms of anti-competitive conduct. 
In short, the true statement reflects the fundamental objective of antitrust law, while the false statement would mischaracterize the reach and purpose of these protections.

MGS352001.2025FA EXAM II

Antitrust laws prohibit unfair, anticompetitive practices by business.

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MGS*3520*01.2025FA EXAM II

Antitrust laws prohibit unfair, anticompetitive practices by business.

查看解析

登录即可查看完整答案

类似问题

Which of the following does the Sherman Antitrust Act address?

Which piece of legislation governs price fixing in the United States?

The goal of the FTC is to regulate the funeral home industry so that it reduces competition between funeral homes.

A firm can be expressly prohibited from engaging in certain business activities or can be broken into two or more competing firms when it

Which of the following specifically prohibits monopolies?

What did the Supreme Court of the United States decide in the anti-trust case of U.S. v. E.C. Knight Co. in 1895?

In the United States, anti-trust laws might not allow:

Which US agency is responsible for preventing anticompetitive conduct?

更多留学生实用工具

希望你的学习变得更简单

MGS352001.2025FA EXAM II