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In 1911, the U.S. government sued Standard Oil, a U.S. company, for violation of antitrust laws....

In 1911, the U.S. government sued Standard Oil, a U.S. company, for violation of antitrust laws. The company broke up into 34 smaller companies. This is an example of
  • promoting competition.
  • reducing trade barriers.
  • regulating markets.
  • government failure.
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Answer #1

This is a way of increasing competition. When a big company tries to control the market by fixing the prices then antritrust laws come into the picture and divide the company into smaller companies in order to promote competition.

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