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It is also known as antitrust law (or just antitrust [4]), anti-monopoly law, [1] and trade practices law; the act of pushing for antitrust measures or attacking monopolistic companies (known as trusts) is commonly known as trust busting. [5] The history of competition law reaches back to the Roman Empire.
Standard Oil (Refinery No. 1 in Cleveland, Ohio, pictured) was a major company broken up under United States antitrust laws.. The history of United States antitrust law is generally taken to begin with the Sherman Antitrust Act 1890, although some form of policy to regulate competition in the market economy has existed throughout the common law's history.
The Northern Pacific; the Great Northern; and the Chicago, Burlington and Quincy companies would later merge in 1969. The case was an example of Roosevelt's trust-busting procedures, prosecuting under the Sherman Antitrust Act (1890), and it marked a major victory for the antitrust movement,
The fifth month of 1911 is often remembered for the landmark dissolution of the legendary Standard Oil Trust, a judgment which put forth a standard of "reasonableness" in assessing the.
Opinion: Joe Biden's aggressive trustbusting of Big Tech could have unintended consequences for our First Amendment rights.
Roosevelt's trust-busting didn't appear to be an enormous weight on the growth of stock prices. He was in office the first time the Dow cleared the century mark. Library of Congress.
"Swift & Co. v. United States: The Beef Trust and the Stream of Commerce Doctrine," American Journal of Legal History (1984) 28#3 pp 244–279 in JSTOR Levin, Leslie A. "One Man's Meat Is Another Man's Poison: Imagery of Wholesomeness in the Discourse of Meatpacking from 1900–1910," Journal of American & Comparative Cultures (2001) 24#1‐2 ...
Hawley said that the Republican Party “has got to become the party of trust-busting once again,” pointing to Teddy Roosevelt’s efforts at breaking up monopolies at the turn of the twentieth ...