The correct answer to the given question about the purpose of the antitrust laws is option D. to prevent the monopolization of industries.
The U.S. government created antitrust laws, often known as competition laws, to safeguard consumers against unfair commercial activities. They guarantee that an economy with an open market is characterized by fair competition. These rules have developed alongside the market, vigilantly preventing potential monopolies and interference with the healthy ebb and flow of competition.
Market allocation, bid rigging, price fixing, and monopolies are just a few of the dubious business practices that are subject to antitrust legislation. We look at the actions that these laws forbid below.
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