Asked by cristian sanchez on Jun 09, 2024
Verified
The main goal of antitrust regulation is to prevent competitive behavior among firms.
Antitrust Regulation
Laws implemented to promote fair competition and prevent monopolies within markets.
Competitive Behavior
Actions taken by companies or individuals to gain an advantage in the market, often through innovation, market strategy, or efficiency improvements.
- Understand the purposes behind antitrust legislation, specifically to uphold competitive markets and avert the formation of monopolies.
Verified Answer
CR
cassidy riveraJun 11, 2024
Final Answer :
False
Explanation :
The main goal of antitrust regulation is to promote and protect competition in the market, not prevent competitive behavior among firms. Antitrust regulation aims to prevent activities that harm competition such as monopolies, price fixing, and collusion among firms.
Learning Objectives
- Understand the purposes behind antitrust legislation, specifically to uphold competitive markets and avert the formation of monopolies.