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jan 1, 1890 - Sherman Antitrust Act

Description:

The trust, created by Rockefeller's Standard Oil Company, was a monopoly formed by stockholders from several firms who manage the consolidated enterprise. Congress passed the Sherman Antitrust Act which outlawed monopolies that prevented free competition in interstate commerce. It easily passed because it codified legal primciples which already ecisted.

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Religious History and Organized Labor

BySophie
24 Apr 2021
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Date:

jan 1, 1890
Now
~ 135 years ago
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