B. Sherman Antitrust Act
The Sherman Antitrust Act is a landmark federal statute passed by Congress in 1890 under the presidency of Benjamin Harrison.
The Sherman Antitrust Act prohibits certain business activities that Federal Government regulators deem to be anti-competitive. It requires the Federal government to investigate and pursue trusts.
In lay man's term, the Sherman Antitrust Act is created for the purpose of protecting competition as well as promote and preserve a competitive landscape.