How did Congress respond to critics of monopoly?
In the late 1800s, businesses had gotten to be very big and very consolidated in the United States. The country was industrializing and becoming more connected and huge businesses were becoming more feasible. This led to a situation in which firms like Standard Oil came to hold monopoly power over certain areas of the economy. People felt that the firms were abusing their power and there was something of an outcry against them. This came first from the populists in the 1870s and 1880s and...
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