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The corporations were becoming a law unto themselves, much as some would say they are becoming today. They were creating monopolies and fixing prices and gouging the consumers while giving sweetheart deals to other corporations and instituting a series of private kickbacks that went into the pockets of the corporate leaders instead of the profits of the companies, which would have lowered the costs for the common customers. The owners of these companies exhibited exorbitant wealth causing the journalists of the day to refer to them as Robber Barons. [They were the one percent of their time.] The goal was to end these predatory practices.
Wiki User
∙ 9y ago
Wiki User
∙ 14y agolaw passed by congress in 1890 that outlawed any combination of companies that restrained interstate or commerce.
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What was the first antitrust statute enacted by congress?
The Sherman Antitrust Act -Sherman Act, July 2, 1890,
What law did congress pass ensure reasonable and just railroad rates?
the sherman antitrust act
When people began to protest the powerful trusts of industry magnate Congress passed the blank?
Sherman Antitrust Act
Which federal law was passed by congress to control trusts and monopolies?
Sherman Antitrust Act Clayton Antitrust Act of 1914
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 industry of magnates congress passed the?
Sherman antitrust act
When people began to protest the trusts of industry magnates congress passed the?
Sherman antitrust act
How did the Supreme Court limit the scope of the Sherman antitrust act?
The U.S. v. E.C. Knight
What best describes the Sherman Antitrust Act of 1890?
What word best describes the Sherman Antitrust Act of 1890
When people began to protest the powerful trusts of industry magnates congress passed the .?
Sherman Antitrust Act
What word best describes the Sherman Antitrust Act of 1890?
What word best describes the Sherman Antitrust Act of 1890
