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Teddy Roosevelt's theory of trust-busting centered on the belief that while monopolies could be harmful, not all trusts were inherently bad; some could be regulated to serve the public good. He sought to ensure fair competition by dissolving monopolistic corporations that stifled competition and exploited consumers, such as Northern Securities Company. Roosevelt's administration notably initiated over 40 antitrust lawsuits, earning him a reputation as a trust buster. His balanced approach allowed him to be seen as a progressive reformer who aimed to regulate rather than eliminate big business.

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2w ago

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