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Why were many people opposed to the creation of monopolies and trusts?

A. All of the answer choices apply.
B. Trusts could unfairly raise prices since they had no competition.
C. Trusts had too much influence on government officials.
D. Trusts put smaller competitors out of business using unfair tactics.

2007-03-23 08:58:55 · 2 answers · asked by Anonymous in Arts & Humanities History

2 answers

It is of course all of these. The Supreme Court has been backing away from the regulation of businesses "in restraint of trade". Companies are getting bigger and bigger. It is predicted that there will be only three to four airlines soon. You can see how that would effect ticket prices.

2007-03-23 09:14:53 · answer #1 · answered by bigjohn B 7 · 0 0

OMG! We just learned about that in my school!! My teacher is Mr. Glazer. Even though I did not pay attention well enough, i think it's A.

2007-03-23 09:02:49 · answer #2 · answered by ivory_plr 4 · 0 0

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