Question

In 1890, the united states passed the sherman antitrust act. what was the purpose of the act?

Answer 1

It was the first legislation passed to address oppressive business practices associated with cartels and monopolies.

Answer 2

Approved July 2, 1890, The Sherman Anti-Trust Act was the first Federal act that outlawed monopolistic business practices. The Sherman Antitrust Act of 1890 was the first measure passed by the U.S. Congress to prohibit trusts