1 ene 1890 año - Sherman Antitrust Act

Descripción:

Landmark 1890 act that forbade anticompetitive business activities, requiring the federal government to investigate trusts and any companies operating in violation of the act.

In 1888, after a decade of divided government, Republicans briefly gained control of both houses of Congress and the White House. They pursued an ambitious agenda they believed would meet the needs of a modernizing nation. In 1890, Congress extended pensions to all Union veterans and yielded to growing public outrage over trusts by passing a law to regulate interstate corporations. Though it proved difficult to enforce and was soon weakened by the Supreme Court, the Sherman Antitrust Act (1890) was the first federal attempt to forbid any “combination” or “conspiracy in restraint of trade.” It required the federal government to investigate companies engaged in anticompetitive practices.

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