Which of the following is NOT true regarding competitive markets? Group of answer choices B. Governments try to minimise the role of state-owned enterprises in market economies. C. Regulations that promote free domestic markets also tend to promote globalisation. D. Antitrust laws must be eliminated if competitive markets are to be sustained. E. Antitrust laws interfere with the natural growth of successful businesses. A. Successfully globalised economies strive to attain competitive markets at home.

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Imperfect Competition

Imperfect competition is relatively easier to understand once people have the knowledge of perfect competition. When the five conditions of perfect competition are not made, that market structure is said to be imperfect competition.