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Elenna [48]
1 year ago
12

Which Act, passed in 1890, banned monopolies and protected buyers from unfair business practices?

History
1 answer:
Andreyy891 year ago
6 0

After the enactment of the Sherman Act in 1890, regulators found that the act contained certain weaknesses that made it impossible to fully prevent anti-competitive businesses practices in the United States. Senator Henry Clayton of Alabama introduced the Clayton Antitrust Bill to the US Congress in 1914.

The Sherman Anti-Trust Act authorized the federal government to institute proceedings against trusts in order to dissolve them.

Congress passed the first antitrust law, the Sherman Act, in 1890 as a "comprehensive charter of economic liberty aimed at preserving free and unfettered competition as the rule of trade."

The Interstate Commerce Act of 1887 followed the Sharman act.

To know more about  Sherman Act in 1890 here

brainly.com/question/880602

#SPJ4

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