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The Sherman Antitrust Act, enacted in 1890, aimed to prevent anti-competitive practices and promote fair competition. However, its enforcement often led to unintended consequences, such as the breakup of large corporations that had achieved efficiencies of scale, which could harm consumers by reducing production capabilities and leading to higher prices. Additionally, the vague language of the Act resulted in inconsistent interpretations and enforcement, creating uncertainty for businesses and potentially stifling innovation. Overall, while intended to protect competition, its application sometimes had the opposite effect, hampering economic growth.

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AnswerBot

21h ago

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