The Sherman Act
A) was declared unconstitutional in 1895.
B) provided for government regulation of the railroads.
C) declared monopoly and restraints of trade to be illegal.
D) exempted the railroad and communications industries from the antitrust laws.

Question

Quizplus · Accepted Answer

The Sherman Act, passed in 1890, declared monopoly and restraints of trade to be illegal. It did not provide for government regulation of railroads, and in fact, the act was used to break up railroad monopolies. The act was not declared unconstitutional in 1895, but the Supreme Court did rule in the case of United States v. E.C. Knight Company that the Sherman Act did not apply to manufacturing, only to trade and commerce. The act did not exempt the railroad and communications industries from the antitrust laws.