The Sherman Antitrust Act:

Question

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The Sherman Antitrust Act of 1890 sought to outlaw monopolies and prevent the restraint of trade, making it illegal for companies to collude to fix prices, rig bids, or engage in any other anti-competitive behavior. However, it did not immediately succeed in reforming corporate practices, as it took several decades for the act to be effectively enforced. It also did not regulate railroad traffic specifically, although it did apply to railroads and other industries.