Video: the sherman antitrust act of 1890: summary & overview in this lesson you'll be introduced to the sherman antitrust act of 1890, the first legislative attempt by the united states to control the powers of trusts and monopolies.
Sherman antitrust act, 1890, first measure passed by the us congress to prohibit trusts it was named for senator john sherman prior to its enactment, various states had passed similar laws, but they were limited to intrastate businesses.
The sherman antitrust act is landmark 1890 us legislation which outlawed trusts — monopolies and cartels — to increase economic competitiveness.
Study guide and teaching aid for the sherman antitrust act featuring document text, summary, and expert commentary. The sherman antitrust act of 1890 (26 stat 209, 15 usc §§ 1–7) is a united states antitrust law passed by congress under the presidency of benjamin harrison, which regulates competition among enterprises.
Congress passed the first antitrust law, the sherman act, in 1890 as a comprehensive charter of economic liberty aimed at preserving free and unfettered competition as the rule of trade in 1914, congress passed two additional antitrust laws: the federal trade commission act, which created the ftc, and the clayton act.