Which of the Following Is Necessarily a Problem with Antitrust

question 215

Multiple Choice

Which of the following is necessarily a problem with antitrust laws?

• A)They may target a business whose practices appear to be anti-competitive but in fact have legitimate purposes.
• B)They may encourage firms to collude and reduce social welfare compared to the unregulated market.
• C)They reduce the effectiveness of the market to self-regulate.
• D)They are enforced by agencies whose self-interest contradicts the interests of society as a whole.

---

Definitions:

Relativism

is the philosophical concept that views knowledge, truth, and morality as varying depending on culture, society, or historical context.

Relativistic

Pertaining to the concept that points of view have no absolute truth or validity, having only relative, subjective value according to differences in perception and consideration.

Transitional

Referring to a phase or period that serves as a bridge from one state, condition, or activity to another.

Oppositional

In Perry’s theory, a response to late multiplicity characterized by legitimizing multiplicity as one pole of a new kind of dualism and the right–wrong dualism of Position 1 (strict dualism) at the other end of the new continuum. Allows individuals to maintain a dualistic either-or structure in their thinking.