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?
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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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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