In Order for Antitrust Laws to Raise Social Welfare, the Government

question 202

Multiple Choice

In order for antitrust laws to raise social welfare, the government must

• A)disallow synergy benefits from accruing to monopolists.
• B)disallow any mergers from taking place.
• C)be able to determine which mergers are desirable and which are not.
• D)always attempt to keep markets in their most competitive form.

---

Definitions:

Misfeasance

Improperly performing a lawful act, which can lead to legal liability.

Malfeasance

The performance by a public official of an act that is legally unjustified, harmful, or contrary to law.

Personal-Injury Litigation

A legal process where an injured party files a lawsuit seeking compensation for damages suffered due to another's negligence.

Paralegal

A person trained in legal matters who performs tasks requiring knowledge of the law and legal procedures, under the supervision of an attorney.