Sherman Anti Trust Act
The Sherman Anti Trust Act
In 1890 the Sherman Anti Trust act was brought about due to opposition to the concentration of economic power in large corporations and in combinations of business concerns. It was named after Senator John Sherman. . Prior to its enactment, various states had passed similar laws, but they were limited to intrastate businesses. Its main purpose was to stop a monopoly of big business. A fine of $5,000 and imprisonment for one year …
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