because it was full
it because the
Certain trusts at the turn of the 19th century were creating unfair monopolies or breaking various laws. The "trusts" of the Rockefellers and the Carnegies, were fronts, in a manner of speaking, formed to disguise illegal activities. One US president, Theodore Roosevelt was known as a "trust buster". He wanted a fair deal for the American people.
Theodore Roosevelt
President Theodore Roosevelt viewed trusts, or large corporate monopolies, with a mix of skepticism and pragmatism. He believed that while some trusts could promote efficiency and innovation, many were creating unfair competition and exploiting consumers. As a result, he championed the regulation of these trusts through antitrust measures, most notably with the Sherman Antitrust Act, to ensure fair competition and protect the public interest. Roosevelt's approach was to distinguish between "good" trusts that benefited society and "bad" trusts that harmed it.
The weapons against trusts have not changed much. If a company is monopolistic, it can be broken up. If large companies want to merge, they have to get permission from the government. Insider trading of stocks is still illegal and violators are sent to prison.
theodor Roosevelt
Theodore Roosevelt
He believed that trusts should be broken up to ensure competition. He was known as The Trust Buster.
Roosevelt held the position that the government should be able to regulate trusts. Theodore Roosevelt was the 26th U.S. President.
No
to get rid of "bad" trusts and keep "good" trusts
it because the
President Taft
Trusts and promises are meant to be broken
Wilson
Roosevelt
Certain trusts at the turn of the 19th century were creating unfair monopolies or breaking various laws. The "trusts" of the Rockefellers and the Carnegies, were fronts, in a manner of speaking, formed to disguise illegal activities. One US president, Theodore Roosevelt was known as a "trust buster". He wanted a fair deal for the American people.