Sherman Antitrust Act!!
its not why were they created but they were when a business got to big and the government had to let the little businesses have a chance, so they put a limit on the big businesses.
Eliminated competition
Government regulations can effect pricing and control monopolies. In Canada the government regulations on alcohol allow them to raise the prices and limit its sale to a single government run controlled store.
Monopolies are regulated to protect consumers. An unregulated monopoly can charge prices higher than the efficient level of production which causes some consumers to be left out of the market. Governments can combat this by breaking up monopolies with antitrust laws and turning monopolies into public entities.
The monopolies commission, or to give it its' full title "The Monopolies and Mergers Commission" exists to prevent monopolies and mergers of companies that may be against the public interest.If 2 such commissions were in existence at the same moment in time then they could merge.So by virtue of remaining a solitary public institution the monopolies commission is fulfilling its' role by preventing a future merger that may be contrary to the public interest.
One way that Theodore Roosevelt tried to limit the power of business was by suing the businesses that were trying to create monopolies. He helped to break up many businesses that had created monopolies.
Pretty much all progressives sought action to control monopolies. Theodore Roosevelt and William Howard Taft stand out as the two glaring examples of progressives who took action to control monopolies.
An action taken by a government to limit the number of goods that can be brought into a country from abroad to sell.
Sherman antitrust act
Monopolies were, and still are, organisations usually businesses, that have no competition for the product or service they sell. Consequently they could set the price they wanted. Many countries passed legislation to limit this, not always successfully.
Theodore Roosevelt
Under Teddy Roosevelt, Roosevelt and Congress became known as trust-busters and broke up monopolies
Under Teddy Roosevelt, Roosevelt and Congress became known as trust-busters and broke up monopolies
Under Teddy Roosevelt, Roosevelt and Congress became known as trust-busters and broke up monopolies
The answer is true the anti trust act was the first Federal Statute to limit cartels and monopolies.
its not why were they created but they were when a business got to big and the government had to let the little businesses have a chance, so they put a limit on the big businesses.
You should get rid of the food as soon as possible for it may start to smell funny and rot :) x ~Kira