jul 2, 1890 - Sherman Antitrust Act
Description:
The Sherman Anti-Trust Act, passed by Congress in 1890, was the first federal legislation to prohibit large corporations and combinations from restricting competition and controlling market prices. The act aimed to curb concentrations of power that interfered with trade and reduced economic competition, but was rarely enforced and ineffective.Added to timeline:
Date:
jul 2, 1890
Now
~ 135 years ago