3. Antitrust laws Cooperation among oligopolies runs counter to the public interest because it leads to underproduction and high prices. In an effort to bring resource allocation closer to the social optimum, public officials attempt to force oligopolies to compete instead of cooperating. Consider the following scenario: Suppose that two major U.S. insurance corporations negotiate a merger agreement so that a financial crisis is less likely to cause either firm to face bankruptcy. This merger could potentially be stopped by a lawsuit brought by which of the following American institutions? The Defense Department O The Interior Department The Justice Department O The Commerce DepartmentThis merger could potentially be stopped by a lawsuit brought by which of the following American institutions? The Defense Department O The Interior Department V O The Justice Department X O The Commerce Department Points: 0/1 Explanation: Close Explanation A In the given scenario, the merger could potentially be stopped by a lawsuit brought by the Justice Department. This institution, as well as private parties, has the power to initiate lawsuits to prevent mergers that could result in a single firm having excessive market power. The Commerce Department is responsible for promoting economic growth, while the Defense Department maintains the military. The Interior Department manages federal land and programs for indigenous people