Why was Theodore Roosevelt Nicknamed Trust Buster?

Answer

Theodore Roosevelt was nicknamed the Trust Buster for several reasons. He believed in countering trusts, with government regulation and rules. This would curtail oil, gas and financial monopolies by companies.
Q&A Related to "Why was Theodore Roosevelt Nicknamed Trust Buster..."
In 1902, Roosevelt's administration forced the Northern Pacific and Great Northern railroads to end their alliance. This was one of the most significant moves against monopoly power
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Trust were large companies, who co-operated with rivals to fix outputs, prices and market shares, initially through pools and later through trusts and thus restriction of competition
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People thought Roosevelt broke his word on conservation when he
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The most famous, and the first major trust that Theodore Roosevelt broke up through executive action was the Northern Securities Trust, a major trust controlled by railroads in the
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1 Additional Answer
Theodore Roosevelt was nicknamed 'Trust Buster' because of a law he enacted called the Sherman Antitrust Act which made monopolies illegal. For instance, it stopped J.P. Morgan's company from completely taking control of the railroad industry. You can find more information here: www.ushistory.org
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Theodore Roosevelt was nicknamed the Trust Buster for several reasons. He believed in countering trusts, with government regulation and rules. This would curtail ...
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