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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.

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Q: In 1890 the US passed the sherman antitrust act what was the purpose of the act?
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Congress passed the Interstate Commerce Act of 1887 and the sherman antitrust 1890 in response to?

Congress passed the Interstate Commerce Act of 1887 and the Sherman Antitrust Act of 1890 in response to prohibit monopolies. Who likes pizza cause I do


When were the first antitrust laws passed in the US?

The Sherman Antitrust Act of 1890, the first and most significant of the U.S. antitrust laws, outlawed trusts and prohibited "illegal" monopolies.


Congress passed the interstate commerce act 1887 and the sherman antitrust act 1890 in response to?

Congress passed the Interstate Commerce Act of 1887 and the Sherman Antitrust Act of 1890 in response to prohibit monopolies. Who likes Pizza cause I do


What best describes the Sherman Antitrust Act of 1890?

What word best describes the Sherman Antitrust Act of 1890


What word best describes the Sherman Antitrust Act of 1890?

What word best describes the Sherman Antitrust Act of 1890


Who vigorously prosecuted the Sherman Antitrust Law?

President Theodore Roosevelt was very aggressive to enforce the Sherman Antitrust Law passed in 1890. President Roosevelt filed suite against forty-five companies under the Sherman Antitrust Act.


What was the Congressional act of 1890?

The Sherman Antitrust Act of 1890


What was the first antitrust statute enacted by congress?

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


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 major purpose of the sherman antitrust act and the clayton antitrust act?

The Interstate Commerce Commission was to monitor railroad operations. The Sherman Antitrust Act was to break up bad trusts that were affecting the economy. But, it was ineffective because there was no definition as to what a trust or bad trust was. So it was later replaced witht eh Clayton Antitrust Act.


What exempted the insurance industry from antitrust legislation?

Sherman Antitrust Act of 1890