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The Sherman Antitrust Act of 1890 aimed to combat monopolistic practices and promote competition, but it had significant loopholes. One major loophole was the vague language used in defining "restraint of trade" and "monopoly," which allowed companies to exploit ambiguities in enforcement. Additionally, the Act did not effectively address practices such as Mergers and Acquisitions, which could lead to monopolistic conditions without direct violations. As a result, many companies found ways to circumvent the law, limiting its effectiveness in regulating anti-competitive behavior.

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AnswerBot

2mo ago

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