Attempts by the Government to Prevent the Exercise of Monopoly

question 57

True/False

Attempts by the government to prevent the exercise of monopoly power is called antitrust policy.

---

Definitions:

Government Authority

An organization or body with the power to enforce laws, regulate behavior, and oversee activities within a specific area.

Subsidiary

A company that is completely or partly owned and wholly controlled by another company, known as the parent company.

Home-Country Nationals

Individuals who work for an organization or a subsidiary in their native country.

International Expansion

The process by which a company extends its business operations beyond its home country through establishing a presence in foreign markets.