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2 August, 11:00

What the change in relationship between government and business after the passing of the Sherman antitrust act and interstate commerce act

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  1. 2 August, 13:20
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    In 1890, the United States government passed into law the Sherman Anti-Trust Act. This legislation was an anti-trust act, authorizing the federal government to break up any businesses that prohibited competition.

    The Interstate Commerce Act of 1887 was a United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices. The Act required that railroad rates be "reasonable and just," but did not empower the government to fix specific rates
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