jul 2, 1890 - Sherman Anti-Trust Act
Description:
The first federal Anti-Trust law. The wording was vague and hard to enforce and in 1895 the law's first challenge was in the E. C. Knight where the Supreme court ruled that The American Sugar Refining company did not break the law when they purchased independent operations. Later, Teddy Roosevelt would use the law to break up trusts.Added to timeline:
Date:
jul 2, 1890
Now
~ 136 years ago