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Why was the sherman antitrust act difficult to enforce?
Because they were good enough to break it
What punishment would a violator of the sherman antitrust act face?
imprisonment not exceeding three years and a fine not exceeding $10,000,000
What was the chief effect of the sherman antitrust act?
The federal government won the power to prevent monopolies and mergers that interfered with trade between states . =)
Why did the government pass the Sherman Antitrust Act of 1890?
The Sherman Antitrust Act of 1890 was passed to combat the growing power of monopolies and corporations that stifled competition and harmed consumers. The government aimed to promote fair competition and prevent anti-competitive practices that could lead to price fixing and reduced innovation. By establishing a legal framework to challenge monopolistic behavior, the Act sought to protect both the economy and the interests of the public. Overall, it marked a significant shift towards increased regulation of business practices in the United States.
The Sherman Antitrust Act was passed in response to?
Standard Oil's U.S. monopoly. widespread mistrust of growing corporate power over the U.S. economy. years of laissez-faire policies by the federal government.
Did the Sherman antitrust support competition?
In its early years, however the Sherman Antitrust Act did little to curb the power of big business
Did the Sherman antitrust act support competitions?
In its early years, however the Sherman Antitrust Act did little to curb the power of big business
Law of 1890 that attempted to fight monopolies and other abuses by 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)
Why did the Sherman antitrust act seek to stop big business from forming trusts?
The Sherman Antitrust Act outlawed any combination of companies that restrained interstate trade or commerce.
Antitrust act protecting unions from big business?
Clayton Antitrust Act
Which act of legislation strengthened Sherman Antitrust Act by spelling out the specific activities in which business could not engage?
Clayton Antitrust Act.
What legislation was designed to limit the power of big business to form monopolies?
Sherman antitrust act
What was the first antitrust statute enacted by congress?
The Sherman Antitrust Act -Sherman Act, July 2, 1890,
The first time that the US government succeeded in using the Act against big business was when the Supreme Court ordered the break up of the Northern Securities Company a railroad holdin?
sherman antitrust act
What resulted from the the investigation of the Triangle Shirtwaist fire?
The Sherman Antitrust Actthe passage of the sherman antitrust act
What resulted from the investigation of the triangle shirtwaiste fire?
The Sherman Antitrust Actthe passage of the sherman antitrust act
What best describes the Sherman Antitrust Act of 1890?
What word best describes the Sherman Antitrust Act of 1890
