The Sherman Act of 1890 outlawed
A) monopoly pricing and foreign trade.
B) price discrimination and monopoly profits.
C) restraint of trade and monopolization.
D) foreign trade and monopolization.

Question

Quizplus · Accepted Answer

The Sherman Act of 1890 outlawed restraint of trade and monopolization, making it illegal for companies to engage in anti-competitive behavior or to monopolize a particular industry. The act did not address foreign trade or monopoly pricing specifically. Price discrimination and monopoly profits were later addressed under the Clayton Antitrust Act of 1914.

The Sherman Act of 1890 Outlawed