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Public pressure for a federal law to prohibit trusts and monopolies led congress to pass the sherman antitrust act in 1890.

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How did the government respond to public pressure to prohibit trust and monopolies?

Public pressure for a federal law to prohibit trusts and monopolies led congress to pass the sherman antitrust act in 1890.


What concerns did critics of big businesses have regarding trusts?

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.


How did business leaders like Minor Cooper Keith respond to the charges of building illegal trusts?

They argued that trusts were legal outside the United States.


Which legislation was a response to the publics growing concern over trusts and monopolies?

Sherman Antitrust Act


where do I look to find out more about revocable trusts?

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.


What concern did some people have about trusts and the political process?

Wealthy entrepreneurs were buying elections and corrupting public officials.


When people began to protest the trusts of industry magnates congress passed the?

Sherman antitrust act


Where can I get information online regarding A-B trusts?

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.


Which law did Congress pass in 1890 to prohibit monopolies and trusts the Dawes Act the Sherman Antitrust Act the Mann-Elkins Act the Pendleton Act?

The Sherman Antitrust Act was passed by Congress in 1890 to prohibit monopolies and trusts, and to promote fair competition in business.


When people began to protest the powerful trusts of industry magnates congress passed the .?

Sherman Antitrust Act


Which federal law was passed by congress to control trusts and monopolies?

Sherman Antitrust Act Clayton Antitrust Act of 1914


Why was the Sherman Antitrust Act passed?

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).