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Sherman Antitrust Act
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Sherman Antitrust Act


The Sherman Antitrust Act had been passed in 1890 after a congressional investigation of price fixing in the meatpacking industry, and for the next two decades the federal government tried to break up the Beef Trust, with little success.
Eric Schlosser  --  Fast Food Nation
  first United States Federal statute to limit cartels and monopolies (1890); prohibits price fixing and restraint of trade
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  • The Sherman Antitrust Act had been passed in 1890 after a congressional investigation of price fixing in the meatpacking industry, and for the next two decades the federal government tried to break up the Beef Trust, with little success.
    Eric Schlosser  --  Fast Food Nation
  • More than a century ago, during the congressional debate on the Sherman Antitrust Act, Henry M. Teller, a Republican senator from Colorado, dismissed the argument that lower consumer prices justified the ruthless exercise of monopoly power.
    Eric Schlosser  --  Fast Food Nation
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Associated words [difficulty]:   Sherman Antitrust Act [9] , Cuban Missile Crisis [6] , G.I. Bill [6] , Marshall Plan [8] , Scopes Monkey Trial [9]
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Most commonly used in these subjects:   History, Business, Sports, Law
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