What type of market do antitrust laws aim to create?

• A. A monopolized market
• B. A fully regulated market
• C. A competitive market with fair practices
• D. A market with no regulations

Answer: (C)

Antitrust laws aim to create a competitive market with fair practices. These laws are designed to promote competition and prevent monopolies and anti-competitive practices that can harm consumers and the economy. By ensuring that multiple businesses can compete freely, antitrust laws help to foster innovation, improve product quality, and keep prices in check. A competitive market allows for a diversity of choices, ultimately benefiting consumers and ensuring that no single entity can dominate the market to the detriment of others. This supports the foundational principles of the American Free Enterprise System, where competition is crucial for growth and consumer welfare.