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What is trust busting?

The trust busting definition in business regulation is a method employed by centralized governments to break up market dominated monopolies or oligopolies. A trust is formed by multiple companies coming together under one corporate umbrella to dominate the market share or an industry.

How did trust busting affect a monopoly?

Trust busting broke up companies that had formed in monopolies and took over large portions or industry market share. Trust busting also allowed smaller companies to compete once the monopoly was dissolved. Why was Roosevelt known as a trust buster?

Why was the trust busting progressive era a turning point?

The was a turning point for the U.S. during the early 1900s, in which the country experienced the federal government regulation of Big Business. The trust busting Progressive Era inspired many politicians to run their elections with busting up monopolies as their primary platform. Many regulations of Big Business came out of the Progressive Era.

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