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The government had to pass the anti trust law to restrict trusts and monopolies to protect the value of the consumer dollars. The Anti trust laws help to promote a free and fair trade marketplace competition.
Wiki User
∙ 9y ago
Wiki User
∙ 11y agoTo eliminate competition
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What do the capitalists believe?
The capitalists beleived that capitalism did not make or destroy people, and that it was the best form of Government.
What is the monopolies?
Monopolies is the plural form monopoly. A monopoly is when a person or company has complete control of a supply or trade in a market.
What legislation was designed to limit the power of big business to form monopolies?
Sherman antitrust act
Why did businesses form trusts pools and holding companies?
increase profits by eliminating competition
Are monopolies the most common form of market structure?
Monopolies are not the most common market structure, if they were you would not have the large variety of potato chips, drinks, etc.Instead "monopolistic" markets are arguably the most common form. In this market structure there are many firms who sell similar products (but not the same).
Why did business leaders form trusts in the late 1800s?
They were used to take over small business, and form monopolies.
What do the capitalists believe?
The capitalists beleived that capitalism did not make or destroy people, and that it was the best form of Government.
What is the monopolies?
Monopolies is the plural form monopoly. A monopoly is when a person or company has complete control of a supply or trade in a market.
Did corporations form trusts to encourage competition?
false
Marshal combined the idea of the marginalists and the classical capitalists to form which new theory?
price
Why did entrepreneurs form trusts?
they trust that they should buy competitors out
What is the superlative form of powerful?
powerful - more powerful - most powerful
What is the comparative form of powerful?
more powerful most powerful
What legislation was designed to limit the power of big business to form monopolies?
Sherman antitrust act
Can turbo tax do IRS form 1041?
Turbo Tax Business handles Form 1041 (Estates and Trusts).
What is A loose association of business that make the same product?
It's a cartel. Cartels were usually formed in secret. and were basically a way to form trusts legally. (For trusts were illegal.)
Why did businesses form trusts pools and holding companies?
increase profits by eliminating competition
