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
pass laws and regulations to promote competition in the industry and encourage the entry of new competitors
pass laws and regulations to promote competition in the industry and encourage the entry of new competitors
implement price controls to limit the company's ability to charge high prices
implement price controls to limit the company's ability to charge high prices
create a government-owned or subsidized competitor to provide alternative options for consumers
create a government-owned or subsidized competitor to provide alternative options for consumers
investigate the company for anti-competitive practices and take legal action if necessary.