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Well, it was supposed to eliminate trusts, but it actually did not because it failed to define trust or restraint of trade.
After the passage of the Sherman Anti-trust act in 1890, trusts like the Standard Oil Co. just reorganized the trust into an enormous holding company (owned a controlling share of the stock of one or more companies or firms---versus literally owning other businesses.)
It did break up a few monopolies, but it really wasn't until 1914 with the passing of the Clayton Anti-trust Act and the creation of the Federal Trade Commission that anti-trust measures really made an impact on monopolies.
Wiki User
∙ 10y ago
Wiki User
∙ 11y agoit prevented money to veterans dig it. It was difficult to enforce because people don't know what trust really is.
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The first time that the US government succeeded in using the Act against big business was when the Supreme Court ordered the break up of the Northern Securities Company a railroad holdin?
sherman antitrust act
In 1904 what did the supreme court rule as a combination in restraint and trade?
It was the Sherman Antitrust Act.
Rule of reason?
Is a standard courts use in testing the legality of business conduct under section 1 of the http://www.answers.com/topic/sherman-antitrust-act Antitrust Act.
What did the clayton antitrust act do?
The Clayton Antitrust Act is an amendment that the United States Congress passed in 1914. It tries to ban certain actions that lead to anti-competitiveness and give more substance and clarification to the Sherman Antitrust Act .
Which president signed the sherman anti-trust act?
The Sherman antitrust Act was signed under Benjamin Harrison's presidency but wasn't actually used until Theodore Roosevelt's presidency.
The goal of the sherman antitrust act was to?
to prevent monopolies by big corporations or trusts-study island-
What awas the goal of the Sherman Antitrust Act?
to prevent monopolies by big corporations or trusts
What was the first antitrust statute enacted by congress?
The Sherman Antitrust Act -Sherman Act, July 2, 1890,
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
How successful was the Sherman Anti-Trust Act in accomplishing its goals?
The Sherman Antitrust act was set up to attempt to prevent monopolies from occurring. Of course, companies have still worked around this.
When people began to protest the powerful trusts of industry magnate Congress passed the blank?
Sherman Antitrust Act
What word best describes the Sherman Antitrust Act of 1890?
What word best describes the Sherman Antitrust Act of 1890
What was the purpose of the act of Sherman antitrust?
to prevent companies from restraining trade -to place a ban on monopolies in the U.S. (A+)
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 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
