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sherman antitrust act, 1890 advantages - enabled congress to regulate t…

Question

sherman antitrust act, 1890
advantages

  • enabled congress to regulate trade between states and end monopolistic practices
  • tried to eliminate hidden monopolies (trusts) that affected trade
  • enabled competitors to sue trustees of rival companies for loss of revenue
  • levied fines against those forming trusts

disadvantages

  • difficult to enforce
  • lacked clear definition of the practices that resulted in a restraint of trade
  • more often used successfully against labor unions than monopolies
> the sherman antitrust act tried to create a fair marketplace in which the needs of businesses, workers, and consumers were addressed.

analyze charts why might some businesses disagree with the sherman antitrust act?

Explanation:

Brief Explanations

Businesses might disagree as the act restricts monopolistic practices, which some may have used to gain an edge. It also allows competitors to sue and levies fines, potentially harming their financial interests.

Answer:

Some businesses might disagree with the Sherman Antitrust Act because it restricts monopolistic practices they may have benefited from, enables competitors to sue for revenue - loss, and imposes fines on trust - forming activities.