A successful cruise ship manufacturer begins buying all of the businesses that supply the materials and technology involved in cruise ship manufacturing. As the manufacturer grows in size, it is able to purchase smaller struggling firms until no competition remains. Being the only producer of cruise ships, it is now able to set higher prices with lower quantities supplied than previously existed in a competitive environment.
Which of the following might the government employ to prevent this scenario from happening?
(1 point)
Responses
price floor
price floor
antitrust law
antitrust law
subsidies
subsidies
taxation