How might the government deal with a huge company that has no competitors and is charging customers high prices?

Question

Responses

break the company up into smaller competing firms

break the company up into smaller competing firms

fine the company based on its profits for a given year

fine the company based on its profits for a given year

force the company to pay taxes at a higher rate

force the company to pay taxes at a higher rate

assign a government agent to observe the company’s leadership

Answer 1

and operations to ensure fair pricing

create regulations to prevent the company from charging excessively high prices

encourage new competitors to enter the market by offering incentives or subsidies

implement price controls to limit the amount the company can charge customers

encourage consumer activism and advocacy to put pressure on the company to lower prices

consider nationalizing the company or taking other measures to exert direct control over its operations and pricing.

Answer 2

Pick from one of the options