Question
What were positive effects of Antirust legislation? Select two options.
Regulations protected smaller businesses from being overtaken by larger businesses.
The laws led to the government inserting itself into private industry.
The laws regulated prices which helped consumers be more involved in the economy.
Regulations decreased profits for successful companies.
Regulations increased profits for large companies.
Regulations protected smaller businesses from being overtaken by larger businesses.
The laws led to the government inserting itself into private industry.
The laws regulated prices which helped consumers be more involved in the economy.
Regulations decreased profits for successful companies.
Regulations increased profits for large companies.
Answers
GPT-4o mini
The two positive effects of antitrust legislation are:
1. **Regulations protected smaller businesses from being overtaken by larger businesses.**
2. **The laws regulated prices which helped consumers be more involved in the economy.**
These points highlight how antitrust laws aimed to promote competition and protect consumer interests by preventing monopolies and ensuring a diverse marketplace.
1. **Regulations protected smaller businesses from being overtaken by larger businesses.**
2. **The laws regulated prices which helped consumers be more involved in the economy.**
These points highlight how antitrust laws aimed to promote competition and protect consumer interests by preventing monopolies and ensuring a diverse marketplace.