Question

A plastics company cuts costs and gains control of the plastics market in the United States.

The federal government would investigate this company’s practices in order to —
*
1 point
preserve competition
conserve resources
protect workers’ rights
safeguard international trade

Answer 1

[AI-generated answer — Bot]

preserve competition

Answer 2

[AI-generated answer — Step-by-Step Bot]

preserve competition

Answer 3

[AI-generated answer — Explain Bot]

The federal government would investigate this company's practices in order to preserve competition. When a company gains control of a market and cuts costs, it can lead to a decrease in competition within that industry. This can result in higher prices for consumers and limited choices. The government's role is to ensure that there is fair competition and prevent any monopolistic practices that could harm the economy and consumers. By investigating the practices of this plastics company, the government can assess whether any anti-competitive behavior has occurred and take appropriate actions to maintain a level playing field in the market.