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Which of the following statements is not correct? a. Antitrust laws automatically prevent mergers between companies that produce similar products. b. Antitrust laws give the

Which of the following statements is not correct? a. Antitrust laws automatically prevent mergers between companies that produce similar products. b. Antitrust laws give the government power to increase competition. c. Antitrust laws can reduce social welfare if they prevent mergers that would lower costs through more efficient joint production. d. Two examples of early antitrust laws are the Sherman and Clayton Antitrust Acts

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