Verified Answer :

meerkat18

The government provides ANTITRUST LAWS to increase competition in the marketplace.

Antitrust laws are federal and state laws that are passed for the purpose of regulating the conduct and organization of business corporations. In this way, fair competition is promoted to the benefit of the consumers.

Tabbey

Answer: Antitrust laws

The government provides antitrust laws to increase competition in the marketplace.

Explanation:

Antitrust laws refer to competition laws developed by the government to keep business operations honest and fair. It ensures that healthy competition exist between businesses in an open market thereby resulting in economic growth. The law applies to all industries and sectors including manufacturing, transportation, distribution, and marketing. The law also aims at preventing businesses from having too much power.

Related Questions