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What was the goal of the anti-trust act?
to prevent monopolies by big corporations or trusts
What did the Sherman Antitrust act prevent?
Well, it was supposed to eliminate trusts, but it actually did not because it failed to define trust or restraint of trade.After the passage of the Sherman Anti-trust act in 1890, trusts like the Standard Oil Co. just reorganized the trust into an enormous holding company (owned a controlling share of the stock of one or more companies or firms---versus literally owning other businesses.)It did break up a few monopolies, but it really wasn't until 1914 with the passing of the Clayton Anti-trust Act and the creation of the Federal Trade Commission that anti-trust measures really made an impact on monopolies.
What was the purpose of the Sherman Antitrust Act It made the sale of a corporation without Congress's approval illegal. Itattemped to create competition by making monopolies illegal. It attempted to?
You need to answer this question question because we don’t do homework and your teacher is looking for your critical thinking skills and how well you understood the lesson.
Which policy toward business was generally followed by the federal government before 1890?
Until 1890, the U.S. government's policy toward business was Laissez-faire, or "hands off." The Sherman Anti-trust Act was enacted in 1890 to break up monopolies. Since then, the government has taken more and more of an interventionist/regulated approach to business.
What association of 1914 strengthened previous corporation control laws and made illegal certain methods big business used to eliminate competition?
It was not an association but an act, it was the Clayton antitrust act that made monopolies illegal, the boardgame too, just kidding on the board game part.
