The correct answer to this open question is the following.
This statement contrasts with the laissez-faire approach of the Gilded Age in that President Woodrow Wilson had a totally different approach to guarantee fair competition between businesses and industries in the United States. He believed that the role of the government was to create the proper conditions and legislation that allowed all of the American citizens to grow, prosper, and thrive, having no preferences in the application of the law.
Let's have in mind that during the Gilded Age, the Robber-Barons created multi-millionary industries that eliminated the competition and formed monopolies, as was the case of the Standard Oil company of John F. Rockefeller or the Steel company of Andrew Carnegie.