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Joseph Harrington of the Wharton School, University of Pennsylvania, defines Sherman Anti-trust Act for the Wharton Global The Sherman Antitrust Act made trusts and monopolies illegal in 1890. Explanation. The Sherman Antitrust Act, passed in 1890, aimed to promote fair competition
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Prof. Lynne Kiesling discusses the history of regulating electricity monopolies in America. Conventionally, most people view Sherman Antitrust Act of 1890 is a federal statute that prohibits activities that restrict interstate commerce and competition in the marketplace. Approved July 2, 1890, The Sherman Anti-Trust Act was the first Federal act that outlawed monopolistic business practices.
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The Sherman Antitrust Act is a landmark U.S. law, passed in 1890, which outlawed trusts, monopolies, and cartels to increase economic competitiveness. Sherman Anti-trust Act
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