Asked by Gargi Patil on Jul 23, 2024
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The Antitrust Division of the Justice Department
A) is composed of five members appointed by the president and confirmed by the Senate for terms of 7 years.
B) can issue cease‐and‐desist orders to offenders.
C) has established a set of trade regulations that make clear what practices it deems unfair and subject to action.
D) initiates action against those who violate antitrust laws and decides which cases to prosecute.
Antitrust Division
A sector of the government, often within the Department of Justice, responsible for preventing monopolies and promoting market competition by enforcing antitrust laws.
Justice Department
A government department responsible for the enforcement of laws and administration of justice, typically at the national level.
Antitrust Laws
Legislation designed to promote competition and prevent monopolies, monopolistic practices, and other unfair business practices that restrict free trade.
- Determine the responsibilities and powers of administrative entities in the application of antitrust laws.
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Learning Objectives
- Determine the responsibilities and powers of administrative entities in the application of antitrust laws.
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