Sherman Anti Trust Act

A detailed Summary of Sherman Anti Trust Act


In 1890 the Sherman Anti Trust act was brought about due to opposition to the concentration of economic power in large corporations and in combinations of business concerns. It was named after Senator John Sherman. . Prior to its enactment, various states had passed similar laws, but they were limited to intrastate businesses. Its main purpose was to stop a monopoly of big business. A fine of $5,000 and imprisonment for one year were set as the maximum penalties for violating the act. At first it was difficult to enforce this act due to Sup



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Approximate Word count = 385
Approximate Pages = 2 (250 words per page double spaced)

Category: History

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