TRUSTS are a giant corporation, or group of companies. But, corporations are not illegal when TRUSTS are not. (It's around Theodore Roosevelt time)
2007-01-22 09:33:22 · 2 answers · asked by marilinda ♥ 1 in Education & Reference ➔ Homework Help
So that one "giant corporation" wouldn't control everything and be a monopoly. Like AT&T in the old days. As I recall Microsoft was treading in that territory slightly.
No competition means trouble for the consumer.
2007-01-26 05:58:09 · answer #1 · answered by truthyness 7 · 1⤊ 0⤋
The idea of anti-trust laws was that no industry should be dominated by a single company (or group of related companies) without competition. Competition is the key. Most people view corporations in a competitive marketplace as a positive factor, while a lack of competition is negative. In modern times, the vast majority of corporations compete with other companies in a competitive marketplace.
2007-01-23 03:53:58 · answer #2 · answered by dmb 5 · 0⤊ 0⤋