What did the Interstate Commerce Act and the Sherman Antitrust Act have in common?
A) Both testified to big business's concern about government abuses in chartering and licensing corporations.
B) Both testified to the nation's growing willingness to use federal measures to intervene in big business on behalf of the public interest.
C) Both had an immediate and significant impact on the conduct of business in the United States.
D) Both were compromises supported by big business to distract the public from corporate abuses.

Question

Quizplus · Accepted Answer

Both the Interstate Commerce Act and the Sherman Antitrust Act were federal measures aimed at regulating big business and protecting the public interest. The Interstate Commerce Act aimed at regulating railroad rates and preventing price discrimination. The Sherman Antitrust Act outlawed monopolistic practices, such as price-fixing and market division, and aimed at promoting competition. Both laws reflected a growing willingness by the federal government to intervene in big business affairs to ensure fair and equitable practices.

What Did the Interstate Commerce Act and the Sherman Antitrust