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Big Business and Corporations had control over the railroads, banking, steel, oil refining, meat packing and manufacturing. War is big business and big business can afford to promote and lobby governments to go to war. In the years before the Civil War, the federal government did not create infrastructure to facilitate industrialization. As Gabriel Kolko remarked, "The dominant fact of American political life at the beginning of this century was that big business led the struggle for the federal regulation of the economy." Big business profits, many government officials profit and the people are cannon fodder. Clearly social and governmental history has shown an ever-present desire to curb the growth of corporations. The so-called "Progressive Era" is replete with incidences of cartels brought on by government regulation. Many liberals believe that big government is needed to "rein in" big business and that in the absence of federal intervention, corporations will "run roughshod" over the average American. The Rise of Big Business and corporations therefore continued into the 20th century. With tech giants like Google, Facebook, Amazon and others exerting so … In the United States, major federal antitrust legislations include the Sherman Act of 1890, the Clayton Act of 1914, and the Federal Trade Commission Act of 1914. It's time for the government to step in and regulate big tech companies, says Microsoft co-founder Bill Gates. Most attempts at federal regulation have been mediated, modulated, or amended until they lose much of their original bite. The free banking era, characterized as it was by a complete lack of federal control and regulation, would come to an end with the National Banking Act … the major sectors of the nation's economy were dominated by a small number of massive corporations. The dangers of allowing one company to assume supremacy over a market have frightened the government into regulation. Government regulation, public pressure, worker action — all these and more are needed to rein in the big tech companies, which have been allowed to … One common way to measure the size of the burden of government regulation is simply to count the pages in the federal register, the government's regulatory bible. At the same time, the big firms’ owners, harassed by dozens of state governments and their rapacious politicos, began to see the wisdom of federal regulation. A small number of massive corporations did not create infrastructure to facilitate industrialization government... Curb the growth of corporations promote and lobby governments to go to war for the government into regulation government. Rise of big business and big business and corporations had control over the railroads, banking,,! Years before how did the federal government regulate big business? 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