It was too broad and didn't define restraint of trade or monopoly.
After the passage of the Sherman Anti-trust act in 1890, trusts like the Standard Oil Co. just reorganized the trust into an enormous holding company (owned a controlling share of the stock of one or more companies or firms---versus literally owning other businesses.)
It did break up a few monopolies, but it really wasn't until 1914 with the passing of the Clayton Anti-trust Act and the creation of the Federal Trade Commission that anti-trust measures really made an impact on monopolies.
The Interstate Commerce Commission was to monitor railroad operations. The Sherman Antitrust Act was to break up bad trusts that were affecting the economy. But, it was ineffective because there was no definition as to what a trust or bad trust was. So it was later replaced witht eh Clayton Antitrust Act.
The U.S. v. E.C. Knight
No
magic
to prevent monopolies by big corporations or trusts-study island-
The Sherman Antitrust Act -Sherman Act, July 2, 1890,
The Interstate Commerce Commission was to monitor railroad operations. The Sherman Antitrust Act was to break up bad trusts that were affecting the economy. But, it was ineffective because there was no definition as to what a trust or bad trust was. So it was later replaced witht eh Clayton Antitrust Act.
The U.S. v. E.C. Knight
What word best describes the Sherman Antitrust Act of 1890
Sherman Antitrust Act
What word best describes the Sherman Antitrust Act of 1890
The Sherman Antitrust Actthe passage of the sherman antitrust act
The Sherman Antitrust Actthe passage of the sherman antitrust act
In its early years, however the Sherman Antitrust Act did little to curb the power of big business
The Sherman Antitrust Act(not to be confused with The Sherman Antirust Act, which is something Sherman does to keep his outdoor furniture from corroding)
No
magic