Answer: 1. reducing monopoly power.
2. breaking up natural monopolies.
Explanation: Antitrust laws were also referred to as competition laws. These laws are developed by the US government to protect the consumers from unethical or ill-legal business practices. These laws ensures the existence of fair competition in the economy of open-market.
1. The antitrust law will reduce the monopoly power as a result of which the competition will increase. Due to competition the production of goods and services will also increase. This will enhance the efficiencies.
2. The antitrust law will break up the natural monopoly. So the benefit of natural monopoly will reduce and average cost of production will increase. This will create inefficiencies.
Fair Credit Reporting Act to protect credit card users’ rights and how their information is gathered and used.
Option b
<u>Explanation:</u>
The FCRA is a federal law passed in 1970 which process the credit infromation of consumers and also process the report credit of the consumer. It protect the consumer against the misinformation. It is used for addressing the fairness, accuracy and privacy of personal information in the files of the credit reporting systems.
It focus on three major credit reporting agencies Experian, Equifax and Transunion. The FCRA often make reports to media due to information accuracy questioned by group of advocates. This law is also applicable to banks and medical agencies that sell records and business which uses the credit information.
Answer:
B
Explanation:
this is about the nomination of Robert Bork as a justice of the Supreme Court. Supreme Court picks are nominated by the president, but must reach approval from a vote in congress, meaning they are a presidential appointment.
