The most effective response to a huge company with no competitors charging high prices would be to break the company up into smaller competing firms. This approach aims to promote competition, which can drive down prices and improve services for consumers.
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
1 answer