How did people say trusts hurt the free enterprise system?

Answer 1

Critics argued that trusts stifled competition by allowing large corporations to dominate markets, leading to monopolistic practices that drove smaller businesses out of operation. This concentration of economic power hindered innovation and choice for consumers, as fewer companies controlled prices and quality. Additionally, trusts were seen as corrupting the political system through lobbying and influence, further undermining the principles of a free enterprise system that relies on fair competition and equal opportunity.