USA HISTORY

THE PROGRESSIVE ERA 1900 1917

THEODORE ROOSEVELT THE PROGRESSIVES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the Sherman Anti-Trust Act against?
A
small corporations
B
huge corporations engaged in illegal activities
C
corporations related to food
D
corporation related to clothing
Explanation: 

Detailed explanation-1: -The Sherman Antitrust Act was enacted in 1890 to curtail combinations of power that interfere with trade and reduce economic competition. It outlaws both formal cartels and attempts to monopolize any part of commerce in the United States.

Detailed explanation-2: -It prohibits all agreements and conspiracies in restraint of trade and commerce. These prohibited restraints include price fixing, market allocation, boycotts, bid rigging and tying agreements. The Sherman Act also prohibits monopolizing or attempts to monopolize any line of commerce.

There is 1 question to complete.