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Sherman Anti-Trust Act of 1890

Date Submitted: 08/20/2003 08:18:49
Category: / History
Length: 1 pages (252 words)
Views: 116917

Sherman Anti-Trust Act of 1890 was decided by Congress . The act, named for Senator John Sherman, was the first federal law made to deal to limit the power of companies that controlled a high percentage of market. This act was designed to prevent large organizations from stoping the competitions of smaller firms. This was needed so that large companies couldn’t run and market just one product and charge out ragious prices for it. Other laws …

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…jusrisdiction over misleading advertizing. A case that The U.S. Supreme Court case of Swift and Company v. United States dealt with the Sherman Anti-trust act to monopolistic businesses in the meat-packing industry. A number of companies in different states were charged with coming together to hold back trade in livestock and in the sale of meat in 1905Specifically, theywere charged with price fixing, blacklisting, rigging cartage and railroad rates, and restricting shipments of meat

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