Which of the following statements is true? The active antitrust perspective beli

Question

Which of the following statements is true?

The active antitrust perspective believes that competitive market forces will automatically and actively reduce a firm's monopoly power in the long run

The active antitrust perspective believes that the government should play the role of officials and umpires and enforce the rules of the competitive game

The laissez-faire perspective views firms as players in a competitive game who will sometimes violate the rules in order to gain a huge advantage over others

The laissez-faire perspective believes that an active enforcement of antitrust policy is the only way to reduce the monopoly power of giant firms

Explanation / Answer

The active antitrust perspective believes that competitive market forces will automatically and actively reduce a firm's monopoly power in the long run. This statement is true.

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