Antitrust Law Is Intended To

question 65

Multiple Choice

Antitrust law is intended to:

• A) challenge successful businesses to allow proper levels of competition.
• B) prevent large concentrations of economic power, such as monopolies.
• C) create a more trusting business environment.
• D) allow socialism to flourish.
• E) two of the above.

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Definitions:

Deontology

An ethical theory that uses rules to distinguish right from wrong, focusing on the adherence to moral duties and obligations.

Absolute Rules

Prescriptive regulations or directives that allow no exceptions or deviations, ensuring strict adherence and uniform application.

Justice

A principle of fairness and moral equity in the treatment of individuals and the distribution of resources.

Accepted Practice

Methods or procedures that are widely accepted and used by professionals within a particular field as being correct or most effective.