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April 1, 2024
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2 jul 1890 año - Sherman Anti-Trust Act

Descripción:

This was the first Federal act that outlawed business monopolies. A business monopoly would consist of a single seller that would face no competition, being the sole seller of goods with no substituting product. This was to regulate interstate commerce based on the power of Congress. The trusts (stockholders transferred shared to a single set of trustees in return for joint earnings from multiple companies) started dominating major companies like the Standard Oil Trust. This would not be a fair benefit to the people, only to the company. After this act, any "trust" would be illegal.

Añadido al timeline:

24 ene 2018
1
0
557
US History Timeline Ava Welo

fecha:

2 jul 1890 año
Ahora mismo
~ 133 years ago

Fotos:

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