Sherman Antitrust Act flashcards

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What was the Sherman Antitrust Act? The Sherman Antitrust Act was a law passed in congress in 1890 that prohibited certain business activities that the federal government regulators thought to be anti-competitive. This law was also used to curb concentration of power that interfered with trade and reduced economic competition
Where did the name "Sherman" in Sherman Antitrust Act come from? It came from U.S Senator John Sherman of Ohio
What anti-competitive practices did the Sherman Antitrust Act address? This were deliberate action by firms to harm their competitors rather than improving their own products and services.

What was the Sherman Antitrust Act?

Where did the name "Sherman" in Sherman Antitrust Act come from?

What anti-competitive practices did the Sherman Antitrust Act address?

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