Trustbuster

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Trustbuster

A person or, less commonly, an organization that seeks to break monopolies into several companies or to shut them down entirely in order to encourage competition in the free market. The word is strongly associated with Theodore Roosevelt, the early 20th-century U.S. president who opposed the early industrial monopolies.
References in periodicals archive ?
When Roosevelt ignored the threats and moved to file the trust-busting suit, he received a hasty visit from J.
Pitofsky presided over a period of aggressive trust-busting at the FTC.
Business leaders, emboldened in part by the GOP's mid-1990s electoral surge, mounted a growing campaign against the tax, which dates to 1916, when trust-busting was in vogue.
Such an order from the trust-busting agency to a municipality, normally a victim of corporate bid-rigging, is rare, the report said.
On the way he joined in with Theodore Roosevelt's trust-busting campaign, the organization of the Progressive party, and the discovery and training of younger men including Walter Lippmann.
We need some good old-fashioned trust-busting, and we're not getting it," says Wellstone.
Yet, given that the most dramatic expansion of corporate financing occurs between 1898 and 1902 - bracketed by the collapse of the Democratic Party and the installation of the trust-busting Theodore Roosevelt - one wonders if political opportunities had a greater role in constituting, and then closing off, this new path for economic organization.
Kaiser Goes to Washington revises our understanding of New Deal business policy by illuminating the flip side of the Roosevelt administration's trust-busting antitrust policy: its deliberate efforts to manufacture competition in sectors of the economy crucial to wartime production.
Professor Elzinga argues for the moral and practical advantages of government intervention in free enterprise--in the form of trust-busting and antimonopoly regulations--but, in doing so, stays in the realm of the thought experiment and pure theory.
From 1969 to 1982, the Justice Department carried on a similar trust-busting crusade against IBM, which had behaved in many ways just like Microsoft.
Seldes was a crucial link between trust-busting anticorruption reformers of the muckraking era--Lincoln Steffens, Upton Sinclair, Ida Tarbell--and later generations of more ideologically inclined radical journalists, from I.
In his trust-busting activities Roosevelt brought about numerous reforms that made business competition at least somewhat more decorous and provided important ground rules for business practice.