Question

Antitrust laws in the United States have not been used in the past twenty-five years.

A. are not necessary in the twenty-first century.
B. are the same as the laws in the European Union.
C. are an attempt to foster competition.

Answer 1

The correct answer is letter A.

Explanation: Antitrust Law was designed to punish anti competitive practices that use market power to restrict production and raise prices so as not to attract new competitors or eliminate competition.

The law was created to prevent monopolies, but it was seen that this law does not prevent monopolies only limits competition