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In its early years, however the Sherman Antitrust Act did little to curb the power of big business

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Did the Sherman antitrust act support competitions?

In its early years, however the Sherman Antitrust Act did little to curb the power of big business


What main idea is stated in the Sherman Antitrust Act?

Prevented businesses from limiting competition.


Sherman Antitrust Act?

Federal law outlawing monopolies in order to preserve competition


In 1890 the US passed the sherman antitrust act what was the purpose of the act?

The Sherman Antitrust Act was passed in 1890 to promote fair competition and prevent monopolies in business. It sought to prevent large corporations from engaging in practices that could harm consumers or limit competition in the marketplace.


In 1890 the Sherman Antitrust Act was passed which made it illegal for business firms to combine to prevent competition.?

Efficiency


1890 the Sherman Antitrust Act was passed which made it illegal for business firms to combine to prevent competition.?

Efficiency


What was the first antitrust statute enacted by congress?

The Sherman Antitrust Act -Sherman Act, July 2, 1890,


What was a difference between Sherman and Clayton antitrust act?

The Clayton Antitrust Act was intended to stop trusts from ever forming.apex=)


What was Robert Sherman's Solution called?

Robert Sherman's solution is called the Sherman Antitrust Act. It was enacted in 1890 and aimed to promote fair competition and prevent monopolies or anticompetitive behavior in the United States.


What resulted from the investigation of the triangle shirtwaiste fire?

The Sherman Antitrust Actthe passage of the sherman antitrust act


What resulted from the the investigation of the Triangle Shirtwaist fire?

The Sherman Antitrust Actthe passage of the sherman antitrust act


Which act of legislation strengthened the sherman antitrust act by spelling out the specific activites in which businesses could not engage?

The Clayton Antitrust Act of 1914 strengthened the Sherman Antitrust Act by explicitly outlining and prohibiting specific anti-competitive practices, such as price discrimination, exclusive dealing agreements, and mergers that substantially lessen competition. It aimed to close loopholes in the Sherman Act and provided clearer guidelines for businesses to promote fair competition. Additionally, the act established the Federal Trade Commission (FTC) to enforce antitrust laws and prevent unfair business practices.