Sherman Antitrust Act

The Sherman Antitrust Act is a landmark federal statute in the history of United States antitrust law enacted in 1890 during the presidency of Benjamin Harrison. It allowed certain business activities that federal government regulators deem to be competitive, and recommended the federal government to investigate and pursue trusts. The law attempts to preserve a competitive marketplace to protect consumers from abuses, such as restriction of trade or supply and the artificial inflation of prices.

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