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At the same time they created monopolies. Aggression against the trusts—and the progressive vogue for “trust busting”—took on new meaning under the presidency of theodore roosevelt. The united states charged that the computer software company abused monopoly legislation in the way it handled its operating system and web browser sales
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After two years of litigation, microsoft was found guilty of violating the sherman antitrust act. These huge corporations had too much control over the economy and held most of the nation’s wealth,. Antitrust statutes are the sherman act of 1890, the clayton act of 1914, and the federal trade commission act of 1914
Section 1 of the sherman act prohibits price fixing and the operation of cartels, and prohibits other collusive practices that unreasonably restrain trade.
The tide began to turn in the early 20th century, especially under the presidency of theodore roosevelt, often dubbed the “trust buster.” his administration launched a series of lawsuits against major trusts, with one of the most notable being the case against northern securities company in 1904. Clayton antitrust act, law enacted in 1914 by the united states congress to clarify and strengthen the sherman antitrust act (1890). If a trust controlled an entire industry but provided good service at reasonable rates, it was a good trust to be left alone Only the bad trusts that jacked up rates and exploited consumers would come under attack.
One of its biggest focuses was taking on the immense power of monopolies and trusts
