The U.S.law enacted in 1890 to break up existing monopolies and prevent the formation of new ones was the Glass-Steagall Act.

Question

Quizplus · Accepted Answer

The law enacted in 1890 to break up existing monopolies and prevent the formation of new ones was the Sherman Antitrust Act, not the Glass-Steagall Act. The Glass-Steagall Act, passed in 1933, regulated the separation of commercial and investment banking activities in the United States.

The USlaw Enacted in 1890 to Break Up Existing Monopolies and and Prevent