It advocated a conservative approach to antitrust - CAT VARC Questions – CAT Verbal Ability | CAT Parajumble |
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The question below is from previous year CAT question from CAT 2020 exam comes from CAT Parajumbles: It advocated a conservative approach to antitrust. Find out by answering this question which tests an aspirant’s CAT VARC skills:
CAT 2020 – Slot 3 - CAT Parajumble - Question 20 - It advocated a conservative approach to antitrust
Question 20: The four sentences (labelled A, B, C, D) below, when properly sequenced would yield a coherent paragraph. Decide on the proper sequencing of the order of the sentences and key in the sequence of the four numbers as your answer:
A. It advocated a conservative approach to antitrust enforcement that espouses faith in efficient markets and voiced suspicion regarding the merits of judicial intervention to correct anticompetitive practices.
B. Many industries have consistently gained market share, the lion’s share – without any official concern; the most successful technology companies have grown into veritable titans, on the premise that they advance ‘public interest’.
C. That the new anticompetitive risks posed by tech giants like Google, Facebook, and Amazon, necessitate new legal solutions could be attributed to the dearth of enforcement actions against monopolies and the few cases challenging mergers in the USA.
D. The criterion of ‘consumer welfare standard’ and the principle that antitrust law should serve consumer interests and that it should protect competition rather than individual competitors was an antitrust law introduced by, and named after, the ‘Chicago school’.
Answer 20:
Correct Answer: DABC
Sentence D is the best opening sentence as it sets the context, discussing the principle behind antitrust law. DA is a sequence: the pronoun ‘it’ that A starts with clearly applies to the Chicago school mentioned in D. BC is also a link:B talks about the consistent growth of tech titans and C attributes this to the dearth of enforcement actions. So, DABC is the correct order.
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