a) Banning rate discrimination by railroads.
b) Establishing the Interstate Commerce Commission.
c) Reducing wages paid to hourly workers.
d) Increasing competition in the marketplace.
Answer:- The Sherman Antitrust Act of 1890 was passed by Congress to criminal trusts which monopolized a helping of the free market on the federal level. The act, though rarely required on the suitable level, helped consumers as the dismantlement of hidden monopolies in the form of trusts bigger market competition. If the marketplace is made to be more modest, monopolies or trusts cannot manipulate with the availability of commodities. On July 2, 1890, President Benjamin Harrison employed into law the Sherman Anti-Trust Act. The follower of the law and the man it was named after was Senator John Sherman, a Republican from Ohio.
The Sherman Anti-Trust Act authorized the central government to institute reports against trusts in order to dissolve them. The combination “in the form of trust or otherwise that was in limit of trade or commerce among the numerous states, or with foreign nations” was declared illegal.
Leave a Reply