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The Sherman Antitrust Act of 1890 was one of the first pieces of legislation aimed at curbing monopolistic practices and promoting fair competition in the marketplace. It prohibited contracts, combinations, or conspiracies that restrained trade and made attempts to monopolize illegal. Subsequent legislation, such as the Clayton Antitrust Act of 1914 and the Federal Trade Commission Act of 1914, provided more specific regulations and enforcement mechanisms to address anticompetitive practices, complementing the Sherman Act's broader prohibitions. Together, these laws aimed to protect consumers and promote a competitive economy.

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