Both trusts and holding companies were subject to anti-monopoly laws. In the early 20th century, legislation such as the Sherman Antitrust Act was enacted to curb the power of monopolies and ensure fair competition in the marketplace. This included both trusts, which often consolidated many businesses under a single management, and holding companies, which controlled other companies through stock ownership.
How were trusts and holding companies treated under the law?
(1 point)
Responses
Both were subject to anti-monopoly laws.
Both were subject to anti-monopoly laws. - no response given
Both were exempt from anti-monopoly laws.
Both were exempt from anti-monopoly laws. - no response given
A trust was subject to anti-monopoly laws, while a holding company was not.
A trust was subject to anti-monopoly laws, while a holding company was not. - no response given
A holding company was subject to anti-monopoly laws, while a trust was not.
1 answer
1 answer