The Sherman Antitrust Act pertained only to trade within the states, and monopolies still flourished as companies found ways around the law.
to prevent monopolies by big corporations or trusts-study island-
Federal law outlawing monopolies in order to preserve competition
The Sherman Antitrust act was set up to attempt to prevent monopolies from occurring. Of course, companies have still worked around this.
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.
1887: The Interstate Commerce Act which attacked monopolies and competition. 1890: Sherman Antitrust Act which attacked contracts made between businesses.
Sherman Antitrust Act!!
monopolies
to prevent monopolies by big corporations or trusts-study island-
Sherman Antitrust Act Clayton Antitrust Act of 1914
Sherman Antitrust Act
Sherman Antitrust Act
The Sherman Antitrust Act(not to be confused with The Sherman Antirust Act, which is something Sherman does to keep his outdoor furniture from corroding)
The Sherman Antitrust Act was passed by Congress in 1890 to prohibit monopolies and trusts, and to promote fair competition in business.
The Sherman Antitrust Act of 1890, the first and most significant of the U.S. antitrust laws, outlawed trusts and prohibited "illegal" monopolies.
to prevent monopolies by big corporations or trusts
Federal law outlawing monopolies in order to preserve competition
Sherman antitrust act