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4 votes
What is the purpose of the sherman antitrust act

asked
User Tishma
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2 Answers

1 vote
To destory monopolies that were using their power to harm society.
answered
User Vijesh VP
by
7.3k points
6 votes

Answer:

The Sherman Act is the first antitrust law in the United States to proclaim a crime to prevent the freedom of trade by creating a trust and conspire with such a purpose. The act obliged federal prosecutors to prosecute such criminal associations and imposed fines, confiscations, and prison sentences of up to 10 years.

Sherman’s act was not directed against trusts as such, but against obvious restrictions on freedom of trade (both between US states and international) - including, personally, against John Rockefeller and his Standard Oil.

answered
User Eugene Cheverda
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8.7k points
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