Sherman Antitrust Act and Railroads / Conservation (jul 2, 1890 – jan 1, 1914)
Description:
Cause:1. against backdrop of increasing monopolies and abuses of power by large corporations
Effect:
1. outlawed contracts, conspiracies, and other business practices that restrained trade and created monopolies within industries
2. first measure to prohibit trusts, monopolies, and cartels
Added to timeline:
Date:
jul 2, 1890
jan 1, 1914
~ 23 years