Trust-busting

Trust-busting refers to government efforts to break up monopolies and large corporate conglomerates that reduce competition and harm consumers. In the late 19th and early 20th centuries, the U.S. government, especially under Presidents like Theodore Roosevelt, actively targeted powerful companies that controlled entire industries, such as oil and railroads. The goal was to promote fair competition, prevent abuse of power, and protect consumers from unfair practices. Trust-busting resulted in lawsuits and regulations leading to the division of some monopolies, encouraging a healthier economy with more choices for consumers.