Public pressure for a federal law to prohibit trusts and monopolies led congress to pass the sherman antitrust act in 1890.
Public pressure for a federal law to prohibit trusts and monopolies led congress to pass the sherman antitrust act in 1890.
The concerns critics have on big business regarding trusts is that to earn more money trusts often tried to get rid of competition and to control production. The wealth and size of trusts such as standard oil made many Americans fear the influence of business leaders over government.
They argued that trusts were legal outside the United States.
Sherman Antitrust Act
You can find more information about revocable trusts online through sites like www.legalzoom.com. You should, though, consult a trusts and estates attorney for the most up to date rules and regulations regarding trusts.
Wealthy entrepreneurs were buying elections and corrupting public officials.
Sherman antitrust act
You can get information about AB trusts online at a number of websites. I recommend that you go to http://www.nolo.com/legal-encyclopedia/article-29621.html, http://www.finweb.com/retirement/ab-trusts.html, http://www.legalzoom.com/living-trusts-guide/a-b-living-trusts.html and http://estate.findlaw.com/estate-planning/trusts/trusts-ab-trusts.html.
The Sherman Antitrust Act was passed by Congress in 1890 to prohibit monopolies and trusts, and to promote fair competition in business.
Sherman Antitrust Act
Sherman Antitrust Act Clayton Antitrust Act of 1914
The Sherman Anti-Trust Act of 1890 was the first measure passed by the U.S. Congress to prohibit trusts or business activities that federal government regulators deem to be anticompetitive. It also requires the federal government to investigate and pursue trusts (monopolies).