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irina [24]
3 years ago
10

What is the purpose of the sherman antitrust act

History
2 answers:
larisa86 [58]3 years ago
7 0

The Sherman Anti-Trust Act outlawed monopolistic business practices.

The Sherman Anti-Trust Act  was the first measure by Congress to prohibit trusts. It was passed by Congress in 1890.  A trust was when  stockholders in multiple  companies transferred their stock shares to a single group of trustees. Thus a whole industry area could be dominated by a single "trust" organization, destroying the free market of business competition. . This was a monopolistic practice which the Sherman Anti-Trust Act ended.

katen-ka-za [31]3 years ago
5 0
The Sherman Anti-Trust Act<span> was the first Federal </span>act<span> that outlawed monopolistic business practices. The </span>Sherman Antitrust Act<span> of 1890 was the first measure passed by the U.S. Congress to prohibit trusts.</span>
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