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Web the purpose of forming a trust was to eliminate competition and create a monopoly in the market, allowing the participating. Why are trusts out of. Web business trusts have been commonly used in the united states as an organizational form for over 100 years. Web while monopolies dominated industries through sheer size and control, trusts emerged as a sophisticated mechanism to. Web for better or worse, most business owners who form a trust do so because they want to avoid certain taxes, and trusts offer many. Because they earn unusually large (monopoly) profits. Andrew carnegie, dow jones, financial panics, gold crisis, holding company, knickerbocker. Web dow jones average begun. Web why do businesses like to operate as trusts? Web trust is a social resource that, when leveraged, can empower teams and organizations to achieve the remarkable.