Asked by Zacoriya Everfield on May 07, 2024

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The primary objective of U.S. antitrust laws is to

A) protect consumers from high prices and foreign products.
B) protect domestic businesses.
C) protect employees.
D) promote strategies that enhance business welfare over consumer welfare.
E) distinguish competitive strategies that enhance consumer welfare from those that reduce it.

Antitrust Laws

Laws designed to promote fair competition for the benefit of consumers, preventing monopolies and other activities that could restrict trade.

Competitive Strategies

Approaches adopted by businesses to gain a competitive edge over rivals, including differentiation, cost leadership, and focus strategies.

Consumer Welfare

The overall well-being and interest of consumers, focusing on the quality, affordability, and accessibility of goods and services.

  • Discern strategies detrimental to market competition and their significance for laws against market dominance.
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JE
Jarrett EvansMay 11, 2024
Final Answer :
E
Explanation :
The primary objective of U.S. antitrust laws is to distinguish between competitive strategies that enhance consumer welfare and those that reduce it. The purpose of these laws is to promote and protect competition, which in turn benefits consumers by keeping prices low, encouraging innovation, and improving the quality of goods and services. The objective is not to protect domestic businesses or employees or to promote strategies that enhance business welfare over consumer welfare.