In 1890, Congress passed the Federal Antitrust Act, also known as the:

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The Federal Antitrust Act passed by Congress in 1890 is also known as the Sherman Antitrust Act. This legislation was designed to combat the emergence of monopolies and oligopolies that were dominating key industries such as oil, steel, and transportation. The Act prohibits certain business practices that restrict competition, such as price fixing and market allocation agreements. It has been used to bring legal action against a number of large corporations over the years, including Standard Oil in 1911 and Microsoft in 1999.

In 1890, Congress Passed the Federal Antitrust Act, Also Known