Search results
Results from the WOW.Com Content Network
The Justice Department and FTC lost most of the monopolization cases they brought under section 2 of the Sherman Act during this era. One of the government's few anti-monopoly victories was United States v. AT&T, which led to the breakup of Bell Telephone and its monopoly on U.S. telephone service in 1982. [30]
"Show me the spot", Abraham Lincoln challenging the alleged incident of invasion by Mexico and loss of life, called the Thornton Affair, that precipitated the Mexican–American War. [ 2 ] " A house divided against itself cannot stand. ", opening lines of Abraham Lincoln's famous 1858 "A House Divided" speech , addressing the division between ...
The movement draws inspiration from the anti-monopolist work of Louis Brandeis, an early 20th century United States Supreme Court Justice who called high economic concentration “the Curse of Bigness” and believed monopolies were inherently harmful to the welfare of workers and business innovation.
La Follette stated that his chief goal was to break the "combined power of the private monopoly system over the political and economic life of the American people", [3] and he called for government ownership of railroads and electric utilities, cheap credit for farmers, the outlawing of child labor, stronger laws to help labor unions ...
Over the course of the 1870s, the Standard Oil Company of Ohio acquired a monopoly on oil refining in the United States. [2] The Cleveland-based company was already among the largest refiners in the United States at the start of the decade, but it controlled only about four percent of the market. [2]
In the 1960s, police in Philadelphia started using the term to describe the hectic, overcrowded day that came as families rushed into the city ahead of the weekend's annual Army-Navy football game.
Keppler's 1889 cartoon depicts monopolists as dominating American politics as the "Bosses of the Senate". The Bosses of the Senate is an American political cartoon by Joseph Keppler, [1] [2] published in the January 23, 1889, issue of Puck magazine. [3] [4] The cartoon depicts the United States Senate as a body under the control of "captain of ...
Pat Michell, American Businesswoman. 33. "Nobody will ever deprive the American people of the right to vote except the American people themselves and the only way they could do this is by not voting."