New Jersey Real Estate Practice Exam Free Practice Question
The main purpose of antitrust laws is to
Correct Answer: C
Rationale: Antitrust laws are designed to maintain and preserve business competition, ensuring a fair marketplace where no single entity can dominate. This fosters innovation and keeps prices reasonable for consumers.
Option A is incorrect; antitrust laws do not set minimum prices for goods, as that could restrict competition. Option B misinterprets the purpose; rather than controlling the number of competitors, antitrust laws promote a diverse marketplace. Option D is also wrong; while antitrust laws aim to protect consumers, they do not specifically enforce maximum allowable prices, focusing instead on preventing anti-competitive practices.
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