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Economics Question: What is the role of government regulation in ensuring fair competition in markets, and how does it relate to antitrust laws? A )
Economics Question: What is the role of government regulation in ensuring fair competition in markets, and how does it relate to antitrust laws? A Government regulation is unnecessary for fair competition; antitrust laws are designed to protect consumers from unfair business practices. B Government regulation can lead to monopolies, while antitrust laws promote competitive markets. C Government regulation ensures fair competition by controlling prices, while antitrust laws focus on taxation. D Government regulation aims to eliminate competition, while antitrust laws aim to protect businesses from foreign competition.
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