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

(1 point)
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

assign a government agent to observe the company’s leadership

1 answer

The most effective response among the options provided would be:

break the company up into smaller competing firms

This approach aims to increase competition in the market, potentially leading to lower prices and improved services for consumers.