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Standard Oil's U.S. monopoly. widespread mistrust of growing corporate power over the U.S. economy. years of laissez-faire policies by the federal government.
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Why was the sherman antitrust act difficult to enforce?
Because they were good enough to break it
Which practice became an illegal business act according to the Sherman Antitrust Act?
forming monopolies by buying out competitors
What punishment would a violator of the sherman antitrust act face?
imprisonment not exceeding three years and a fine not exceeding $10,000,000
What was the chief effect of the sherman antitrust act?
The federal government won the power to prevent monopolies and mergers that interfered with trade between states . =)
Was the Sherman Antitrust act sucsessful?
No because for numerous reasons:The act didn't specify which trusts were considered illegal whether they were "good" or "bad" combinationsThe writing and form of the act has numerous loopholes and vague phrasings that the lawyers from big businesses could exploit and manipulateLabor and craft unions were also made technically made illegal by the wording which was used by the monopolies and their lawyers would use the act against the unions
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
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 people began to protest the powerful trusts of industry magnate Congress passed the blank?
Sherman Antitrust Act
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.
Which federal law was passed by congress to control trusts and monopolies?
Sherman Antitrust Act Clayton Antitrust Act of 1914
When did antitrust activity in the US reach its peak?
The Sherman Antitrust Act was passed in response to strong and widespread political pressure to deal with "the trust problem" that reached a peak during the presidential election campaign of 1888.
When people began to protest the industry of magnates congress passed the?
Sherman antitrust act
Which legislative was a response the the publics growing concern over trust and monopolies?
Sherman Antitrust Act
Which legislation was a response to the publics growing concern over trusts and monopolies?
Sherman Antitrust Act
What was the first antitrust statute enacted by congress?
The Sherman Antitrust Act -Sherman Act, July 2, 1890,
When people began to protest the trusts of industry magnates congress passed the?
Sherman antitrust act
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.
