What 1890 law aimed to prevent monopolistic business practices?

What 1890 law aimed to prevent monopolistic business practices?

Here is the question :

WHAT 1890 LAW AIMED TO PREVENT MONOPOLISTIC BUSINESS PRACTICES?

Here is the option for the question :

  • Alien and Sedition Act
  • Sherman Antitrust Act
  • Fair Labor Standards Act
  • Homestead Act

The Answer:

And, the answer for the the question is :

SHERMAN ANTITRUST ACT

Explanation:

[STC0016498]. The Sherman Antitrust Act was enacted into law by President Benjamin Harrison in 1890, but it was mostly ineffective and virtually unenforced until Theodore Roosevelt became President. Prior to Roosevelt’s administration, the statute had been signed into law by President Benjamin Harrison. In his role as a ‘trust buster,’ Roosevelt made use of the Sherman Antitrust Act to go after and break up industrial behemoths. The Clayton Antitrust Act was passed in 1914, further strengthening the capacity of the federal government to take action against monopolies.

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