Market power in the United States was often gained in the latter part of the nineteenth century by:

Question

Quizplus · Accepted Answer

Market power in the United States was often gained in the latter part of the nineteenth century by forming trusts. Trusts were arrangements in which multiple companies in a given industry merged and combined their resources to create a dominant entity with significant market power. This allowed trust members to control prices and limit competition, giving them an advantage over smaller competitors.

Market Power in the United States Was Often Gained in the Latter