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Monopolies in the U.S. were primarily addressed through antitrust laws, notably the Sherman Antitrust Act of 1890, which aimed to prevent anti-competitive practices. Key figures in enforcing these laws included Presidents Theodore Roosevelt and William Howard Taft, who actively pursued legal actions against major corporations. The Federal Trade Commission (FTC), established in 1914, also plays a critical role in regulating monopolistic behavior. These efforts collectively worked to promote competition and curb the power of monopolies in the U.S. economy.

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2mo ago

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