why is anti-trust legislation and effect
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The first federal anti-trust law was the Sherman Antitrust Act of 1890, which gave trust-busters the tools to prohibitanti-competitive business activities. ... Further, it had a long history of making deals with railroad companies to get lower costs for itself as well as higher costs for its competitors' oil.
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The first federal anti-trust law was the Sherman Antitrust Act of 1890, which gave trust-busters the tools to prohibitanti-competitive business activities. ... Further, it had a long history of making deals with railroad companies to get lower costs for itself as well as higher costs for its competitors' oil.
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Laws passed in the United States, especially between 1890 and 1915, to prevent large business corporations, called trusts, from combining into monopolies to restrict competition. The laws were instituted to encourage free enterprise.
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