The Sherman Antitrust Act imposed limitations upon which group?
A. Farmers
B. Congress
C. Corporations
D. Small-business owners
Answer (2)
The Sherman Antitrust Act imposed limitations upon corporations, specifically those organized as trusts, to curb anti-competitive practices and maintain free trade. The option (C) is correct.
The act was passed in 1890, aiming to reduce anti-competitive practices and monopolies that stifled free trade. The Sherman Antitrust Act imposed limitations upon corporations that had organized into trusts, ending the control of industries by single firms with practices such as mergers and acquisitions.
One historic example was the 1911 Supreme Court decision which broke up the Standard Oil trust into several independent corporations like Exxon and Mobil.
The Sherman Antitrust Act, passed in 1890, imposed limitations specifically on corporations, targeting trusts to prevent anti-competitive practices. It aimed to promote fair competition and reduce the monopolistic control of industries. The correct answer is (C) Corporations.
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