The Purpose of Competition Laws Is to

question 21

Multiple Choice

The purpose of competition laws is to

• A) Ensure prices are the same for all consumers.
• B) regulate the prices charged by a monopoly.
• C) increase merger activity to help generate synergies that reduce costs and raise efficiency.
• D) create public ownership of natural monopolies.
• E) increase competition in an industry by preventing mergers, and breaking up large firms.

---

Definitions:

Bootstrapping

refers to starting a business with minimal financial resources, relying on personal income and savings rather than seeking external investment.

Resource Acquisition

The process of identifying, securing, and managing the assets and inputs required for business operations and growth.

Venture Philanthropy

A form of philanthropy that applies venture capital principles like investing in innovation, performance measurement, and operational support to achieve social impact.

Value-Added Funding

Investment that not only provides capital but also adds value through strategic advice, industry connections, or management expertise.