4. How might the government deal with a huge company that has no competitors and is charging customers high prices?
a. break the company up into smaller competing firms
b. fine the company based on its profits for a given year
c. force the company to pay taxes at a given year
d. assign a government agent to observe the company's leadership
4 answers
a. break the company up into smaller competing firms
It's break the company up in to smaller competing firms
Correct. Breaking up the company into smaller firms is a way the government can promote competition and lower prices for consumers. This is known as antitrust action and is designed to prevent monopolies from dominating the market.
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