In 1902,the Department of Justice filed suit under the Sherman Antitrust Act against the Northern Securities Company,which had been created in 1901 as a merger of companies in which industry?

Question

In 1902,the Department of Justice filed suit under the Sherman Antitrust Act against the Northern Securities Company,which had been created in 1901 as a merger of companies in which industry? ​

Quizplus · Accepted Answer

The Northern Securities Company was a merger of three major railroad companies: the Great Northern Railway, the Northern Pacific Railway, and the Chicago, Burlington and Quincy Railroad. The Sherman Antitrust Act was designed to prevent the formation of monopolies, and the creation of the Northern Securities Company was seen as a threat to competition in the railroad industry.

In 1902,the Department of Justice Filed Suit Under the Sherman