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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.
"The Bosses of the Senate", an 1889 political cartoon by Joseph Keppler depicting corporate interests—from steel, copper, oil, iron, sugar, tin, and coal to paper bags, envelopes, and salt—as giant money bags looming over the tiny senators at their desks in the Chamber of the United States Senate [1]
Chief among these aims was the pursuit of trust busting, the breaking up very large monopolies and support for labor unions, public health programs, decreased corruption in politics and environmental conservation. [60] The progressive movement enlisted support from both major parties and from minor parties as well.
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 ...
Opinion: Joe Biden's aggressive trustbusting of Big Tech could have unintended consequences for our First Amendment rights.
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They affect people more than half a dozen other issues. Day to day, people's lives are affected by concentration and infrastructure... You can expect a progressive-style, trust-busting kind of campaign out of me. And I fully intend to bridge that gap between the kind of typical issues in electoral politics and questions involving private power ...
A Progressive reformer, Roosevelt earned a reputation as a "trust buster" through his regulatory reforms and antitrust prosecutions. His presidency saw the passage of the Pure Food and Drug Act , which established the Food and Drug Administration to regulate food safety, and the Hepburn Act , which increased the regulatory power of the ...