Which of the following statements about the Sherman Act is CORRECT?
A) The Sherman Act was the second federal antitrust law.
B) The Sherman act legalized monopolization if the company behaved "reasonably" once it became a monopoly.
C) The Sherman Act outlawed natural monopolies.
D) The Sherman Act made restriction of interstate trade illegal.

Question

Quizplus · Accepted Answer

The Sherman Act, enacted in 1890, was the first federal antitrust law and made it illegal to restrain interstate trade or commerce. It did not legalize monopolization or outlaw natural monopolies.

Which of the Following Statements About the Sherman Act Is