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President Theodore Roosevelt took significant steps to regulate concentrated corporate power through his aggressive enforcement of antitrust laws. He famously used the Sherman Antitrust Act to break up monopolies, notably in cases like the Northern Securities Company in 1904. Roosevelt also advocated for the establishment of regulatory bodies, such as the Interstate Commerce Commission, to oversee business practices and ensure fair competition. His administration emphasized the need for a "Square Deal," promoting fairness for labor, consumers, and businesses alike.

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