Asked by Chuck Bass
Regarding trusts, Theodore Roosevelt .
saw them all as bad corporations that needed to be broken up
thought all monopolies benefited consumers
preferred to regulate them rather than break them up, but used the Sherman Antitrust Act to break up a railroad monopoly
believed that the government should not regulate corporations
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preferred to regulate them rather than break them up, but used the Sherman Antitrust Act to break up a railroad monopoly.
He distinguished "good" and "bad" trusts, favoring regulation and oversight, but famously used the Sherman Act to dissolve the Northern Securities railroad trust in 1904.
He distinguished "good" and "bad" trusts, favoring regulation and oversight, but famously used the Sherman Act to dissolve the Northern Securities railroad trust in 1904.
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