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Why were many people opposed to the creation monopolies and trust?
Wiki User
∙ 11y ago
Trust could unfairly raise prices since they had no competition
Era McCullough
Wiki User
∙ 10y agoTrust had too much influence on government officials. APEX(;
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Why were many people opposed to the creation of monopolies and trusts?
Trusts put smaller competitors out of business using unfair tactics. Trusts could unfairly raise prices since they had no competition. Trusts had too much influence on government officials.
What actions did congress take to control trust and monopolies in response to pressure from the American people?
Under Teddy Roosevelt, Roosevelt and Congress became known as trust-busters and broke up monopolies
What action did congress take to control trust and monopolies in response to pressure from the American people?
Under Teddy Roosevelt, Roosevelt and Congress became known as trust-busters and broke up monopolies
What was Theodore Roosevelt's thoughts on monopolies?
he did not like them and he had dissolved many monopolies and is known as the "trust buster"
What action did congress take to control trusts and monopolies in response to pressure from the American people?
Under Teddy Roosevelt, Roosevelt and Congress became known as trust-busters and broke up monopolies
What action did congress take control trusts and monopolies in response to pressure from American people?
Under Teddy Roosevelt, Roosevelt and Congress became known as trust-busters and broke up monopolies
Identify John D Rockefeller and the standard oil company and rise of trust and monopolies?
Identify John D Rockefeller and the standard oil company and rise of trust and monopolies?
What made monopolies illegal?
Sherman Anti-Trust Act
What did the anti trust act outlaw?
It outlawed fraudulent monopolies
What made monopolies and trust illegal?
Anti-Trust Law and Competition Law. Specifically the Sherman Anti-Trust Act.
Who created the trust in 1880's?
slick lawyers using term trust for corporations who are monopolies, resulting in anti-trust legislation then which is needed now because of the greed of banks mortgage wall street people.
What did cartels monopolies and trusts as well as horizontal and vertical integration all share a goal of?
cartels, monopolies, trust, and horizontal and vertical integration all share the goal of
