Which of the following is not true about antitrust policy in the United States? A. Antitrust...
Which of the following is not true about antitrust policy in the United States?
| A. |
Antitrust policy prohibits large firms from colluding to fix prices. |
|
| B. |
Antitrust policy is governed by the Sherman, Clayton, and Federal Trade Commission acts. |
|
| C. |
Antitrust policy stops large firms from merging unless the resulting firm would have a large influence on the domestic and international markets. |
|
| D. |
The laws that define the government's approach to antitrust policy are designed to limit the creation and behavior of trusts. |
|
| E. |
Antitrust policy limits what large firms, or corporations, can do. |
Homework Answers
Ans. D. The laws that define the government's approach to antitrust policy are designed to limit the creation and behavior of trusts.
As Antitrust law is to stop the abuses of cartel formation, monopoly power and mergers, so it would not limit the creation and behavior of trusts.
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