c. breaking up large companies to increase competition
Increasing competition typically leads to lower prices, more innovation, and better quality products and services for consumers. Breaking up large companies can help prevent monopolies or oligopolies from forming, ensuring that consumers have more choices and better deals in the marketplace.
Which policy would be in the best interests of consumers?
a. increasing tariffs
b. decreasing minimum wage
c. breaking up large companies to increase competition
d. changing loan interest rates to encourage saving rather than borrowing
1 answer
1 answer