The Antitrust Laws (like the Sherman Act and the Clayton Act) A. Require the use
ID: 1209324 • Letter: T
Question
The Antitrust Laws (like the Sherman Act and the Clayton Act) A. Require the use of certain emission control devices designed to reduce pollution from automobiles B. Require the use of driver and passenger safety devices (i.e. seat belts and air bags) in automobiles C. Establish minimum fuel economy standards for each individual car model manufactured. D. Establish minimum fuel economy standards for an entire manufactured fleet of automobiles. E. Protect the consumer (generally by promoting competition in the marketplace)
Explanation / Answer
The Antitrust Laws (like the Sherman Act and the Clayton Act) are the collection of laws enacted by Federal government and various state governments in order to regulate the conduct of business organization so that fair competition can be promoted in market place especially for the benefit of consumers.
These laws generally protect consumers from predatory business practices and thus keep the market fairly competitive.
Hence, the correct answer is option (E).
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