History, asked by shivanshgupta3794, 1 year ago

What was the purpose of the Sherman anti-trust act

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Answered by gagan9181
1
Reducing competition is good for business owners, but it usually isn't good for consumers. As more and more business mergers occurred, the government passed the Sherman Antitrust Act in 1890. 
Answered by Arslankincsem
1

The main motive of the Sherman Antitrust Act was to primarily dissolve all forms of monopoly in the present, as well as for the future formations. In that era, the trust and monopoly were one of the prime issues as they provided a limitation to the levels of competition by making it tougher for the emerging and new companies to set their footprints in the global marketplace.

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