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The Sherman Antitrust Act was passed in the late nineteenth century in an attempt to?

The Sherman Antitrust Act was passed in 1890 to combat anti-competitive practices and monopolies that were emerging during the industrialization of the United States. Its primary aim was to promote fair competition and protect consumers by prohibiting agreements that restrain trade and efforts to establish monopolies. The Act marked a significant step in federal regulation of business practices and laid the groundwork for future antitrust legislation.


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.


What actions did our government take in an attempt to control big business?

To control big business, the government implemented regulations such as the Sherman Antitrust Act of 1890, which aimed to prevent monopolies and promote competition. Agencies like the Federal Trade Commission (FTC) were established to enforce these laws and oversee corporate practices. Additionally, the government has enacted various consumer protection laws and antitrust litigation to address unfair business practices and promote a fair marketplace. These actions reflect an ongoing effort to balance corporate power with public interest.


Why did congress pass the Sherman antitrust act in 1890 How did the act attempt to regulate industry?

Congress passed the Sherman Antitrust Act in 1890 to address growing concerns over monopolies and anti-competitive practices that stifled competition and harmed consumers. The act aimed to promote fair competition by making it illegal to restrain trade or commerce through monopolistic tactics. It empowered the federal government to investigate and prosecute companies that engaged in anti-competitive behavior, thereby attempting to regulate industry and protect the economic interests of the public.


What did the antitrust act do in 1889?

It is The Sherman Antitrust Act:The Act provides: "Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal". The Act also provides: "Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations, shall be deemed guilty of a felony." The Act put responsibility upon government attorneys and district courts to pursue and investigate trusts, companies and organizations suspected of violating the Act.

Related Questions

Which of the following was an attempt to restrict a monopoly of the oil industry in the US?

Sherman Antitrust Act


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.


The filibuster is a weapon used by?

The minority in the legislature, in an attempt to thwart a vote on legislation of which they disapprove.


What pieces of legislation represent an attempt to expand the money supply?

Bland-Allison Act


How did passing the sherman antitrust act attempt to reform US business practices in the late 1800s?

They tried to reform it by passing laws that outlawed monopolies and trusts.


Is Matariki a public holiday in New Zealand?

No, despite an attempt in 2009 to pass legislation to that effect.


Which of the Gilded Age presidents did the most to attempt to weaken the power of trusts?

Theodore Roosevelt did the most to attempt to weaken the power of trusts during the Gilded Age. He pursued trust-busting policies, filing numerous antitrust lawsuits against large corporations. His administration also passed the Sherman Antitrust Act in 1914, which aimed to regulate monopolistic practices and promote fair competition in the industry.


In the late 1800s and early 1900s many members of Congress supported legislation Requirng literacy teats for immigrants in an attempt to?

Limit the power of urban political machines


Can the president influence the content of legislation before it is submitted for his signature?

The president does indeed have the ability to influence legislation before it is submitted for his or her signature. The president can attempt to persuade members of Congress privately, and/or the president can take his or her case directly to the American people, and hope citizens with pressure their congressperson.


What is one way for the president to kill legislation?

One way for the president to effectively kill legislation is by using the veto power. When Congress passes a bill, the president can refuse to sign it into law, thereby preventing it from taking effect. If the president vetoes a bill, Congress can still attempt to override the veto with a two-thirds majority in both chambers, but if they fail to do so, the legislation is effectively dead.


What was is in the new Afghanistan constitution?

In an attempt to enfranchise Afghan women a provision was added to the Constitution that mandated a minimum of 25% of the legislation would be required to be women.A requirement for the legislature to include women.


Show an example of checks and balances in the US Government?

The President of the US may request legislation. If they wish, Congress writes the legislation, discusses the proposed legislation and finally votes for, or against, the legislation. If the Congress disagrees with the President's request they don't do anything, end of subject. That is a check. If they write it, discuss it and approve it, then it is sent to the President for his approval. He can approve the legislation (balance) or veto the legislation (check). Congress can initiate legislation without the request of the President. If after congress passes the legislation the President approves the legislation that's a balance (both Congress and the President agree). However, if the President vetoes the legislation it is returned to the Congress. If 2/3 of the Senators in the Senate vote affirmative on the legislation they can over ride the Presidential veto (check). Now suppose legislation is passed by Congress and signed into law by the President AND SOMEBODY DISAGREES WITH THE NEW LAW. Then that person/group can challenge that law on a constitutional basis in Federal Court. At any point in the legal challenge a Federal Court may over turn the law. There are three different types of Federal Courts. Ranked by authority, from low to high, they are District Courts, Courts of Appeal, and finally the Supreme Court of the US. Each step up the ladder of courts is another check on the court below. The review of the legislation can stop at any point that the challenger decides to quit and that ends the review. If the legislation is overturned by the Federal Court system then the legislative branch has three choices: they can do nothing and the issue dies; they can attempt to rewrite the legislation in a manner that avoids the conflict with the Constitution; ultimately, they can attempt to amend the Constitution so that the Courts can have no objection. In the case of any action taken by one of the branches of government there is a way to stop, or review, the action by another branch of government. I'm sure I've missed some possibilities, but that should give you and idea of how checks and balances work in the US government.