In 1904 President Roosevelt got the supreme court to rule that Northern securities company was a monopoly.
break up into smaller, independent companies
Yes a monopoly can lose money. If they are caught monopolizing in the US the courts will demand they break up the monopoly causing more companies to be made and more taxes to be brought forth, not including fines for having a monopoly.
The United States Supreme Court said YES, so you can go with their logic.
The monopoly was broken up by the government.
Anti trust laws keep the consumer safe from unfair business practices such as price setting and monopolies. It keeps the produce honest and providing good business while these laws cannot always break up monopolies they can if proved in court.
standard oil company
I beleive its Theodore Roosevelt
Anti-trust used to break up big railroads
Theodore Roosevelt started the Progressive Party.
Theodore Roosevelt called the trust buster because of his efforts to break up trusts and outlaw business monopolies.
The President who was called the trustbuster because he was the first to break up trusts and monopolies was Theodore Roosevelt. He believed in regulating big business to promote fair competition and protect consumers, leading to several antitrust prosecutions during his presidency in the early 1900s.
Theodore Roosevelt worked to get laws passed that outlawed large trusts and broke up monopolies in business.
l;up
Theodore Roosevelt
A Wood Cabin
She was his sisters best friend when Theodore was little. They grew up together.
Roosevelt was nicknamed "The Trustbuster".