answersLogoWhite

0

Yes efficiency function. The Sherman Act meant that agreements "in restraint of trade" were illegal.

User Avatar

Wiki User

8y ago

What else can I help you with?

Related Questions

1890 the Sherman Antitrust Act was passed which made it illegal for business firms to combine to prevent competition.?

Efficiency


In 1890 the Sherman Antitrust Act was passed which made it illegal for business firms to combine to prevent competition.?

Efficiency


What type of economic function fits the description in 1890 the sherman antitrust act was passed which made it illegal for business firms to combine to prevent competition?

efficiently for a plus... check out astral underworks on youtube....


Was the purpose of the Sherman Antitrust Act?

Describe the events of the 1902 coal strike


What did the Sherman Antitrust Act make illegal in 1890?

The Sherman Anti-Trust Act, passed in 1890, made it illegal for businesses to combine t create monopolies. Monopolies prevented competition and drove prices up for consumers.


What illegal economic function causes business firms to combine to prevent competition?

A cartel or monopoly causes business firms to combine to prevent competition.


The law which made it a crime for companies to combine together into a monopoly to prevent competition was called the?

the sherman trust act


What is the device by which several corporations combine to eliminate competition and regulate prices?

A trust.


When businesses combine to create a trust their goal is to?

reduce competition and regulate prices.


What does utile dulce mean?

to combine business with pleasure


Who designed the Great Compromise and was called The Great Compromiser?

The Great Compromise or Connecticut Compromise was proposed by Connecticut delegate Roger Sherman to combine both the Virginia Plan and New Jersey Plan.


What set of processes the combine to yield a profit?

Business Model