Which of the following is a goal of antitrust law?

Study for the FBLA Exploring Economics Test. Master key concepts with flashcards and multiple choice questions, each offering hints and answers. Prepare confidently for your exam!

Antitrust law is designed to promote fair competition in the marketplace and prevent monopolistic behaviors that could harm consumers and the economy. Maintaining competitive business practices is a fundamental goal of these laws. They aim to ensure that no single company can dominate the market to the detriment of consumers, particularly through practices like price fixing, which could lead to higher prices and reduced choices for consumers.

By upholding competition, antitrust laws encourage innovation and efficiency among businesses, benefitting consumers with better products and services at fair prices. This regulatory framework helps to create a level playing field where new and existing companies can compete effectively, fostering a healthy economic environment.

In contrast, the other options do not align with the objectives of antitrust laws. Encouraging market dominance or facilitating price fixing would undermine competition and could lead to monopolistic practices, which antitrust laws actively seek to prevent. Ensuring equitable partnerships, while important in many contexts, is not a primary goal of antitrust legislation.

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