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Question
Which one of the following distinctions between monopoly power and the abuse of monopoly power would the author say underlies the antitrust laws discussed in the passage?
Options:
A .  Monopoly power is assessed in term of market share, whereas abuse of monopoly power is assessed in terms of market control.
B .  Monopoly power is easy to demonstrate, whereas abuse of monopoly power is difficult to demonstrate.
C .  Monopoly power involves only one market, whereas abuse of monopoly power involves at least two or more related markets.
D .  Monopoly power does not necessarily hurt consumer welfare, whereas abuse of monopoly power does.
Answer: Option D
:
D
Look at the lines “For example, a firm ….consumers’ welfare”. The author means that monopoly power does not necessarily hurt consumer welfare. The author also discusses, throughout the passage, the disadvantages of abuse of monopoly. Hence option D is the obvious choice.

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