Question

A merger where one company purchases another as a way to reduce competition, is an example of a type of market activity that governments pass laws against. These types of regulations are described as ______________.

Answer 1

Answer:

B) antitrust laws

Explanation:

Antitrust laws refer to the laws with respect to the competition and it is established by the U.S government. The motive of this to secure the consumers from that business practices who are dealing in predatory and if this law does not exist then the consumers would not gain i.e from the competition arise in the market place

Therefore according to the given situation, when the government passes the law against so this reflect the antitrust laws